CONCORD MEDICAL - SPON ADR (CCM) Stock Technical Analysis
NYSE:CCM - New York Stock Exchange, Inc. - US2062772049 - ADR - Currency: USD
Overall CCM gets a technical rating of 9 out of 10. Both in the recent history as in the last year, CCM has proven to be a steady performer, scoring decent points in every aspect analyzed.
CCM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CCM is lagging the market.
The long and short term trends are both positive. This is looking good!
CCM is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 90% of 102 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that CCM is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month CCM has a been trading in the 6.18 - 9.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CCM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for CCM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.94
9.73
When analyzing the support we notice one important area.
- A support zone ranging from 7.01 to 7.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.68 to 7.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.20 from a trend line in the weekly time frame.
- Resistance @8.56 from a horizontal line in the daily time frame.
- Resistance @9.63 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CCM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCM is up. |
| ChartMill Relative Strength | 95.37 | POSITIVE | CCM has a high relative strength, it outperformed 95.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CCM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.94 | NEUTRAL | The RSI value for CCM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests CCM has a negative trend. |
| Stochastics (14,3) | 22.08 | NEUTRAL | The Stochastics value for CCM is a neutral value. |
| Average True Range in percent/ATR (20) | 11.19 | HIGH VOLATILITY | The high ATR as a percentage value for CCM suggests high volalility. |
| Average Directional Index/ADX (14) | 32.55 | POSITIVE | The high ADX value value for CCM suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:CCM (6/3/2025, 7:00:00 PM)
7.2
-0.47 (-6.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-6.13%
1 Week2.13%
2 Weeks-14.79%
1 Month6.67%
3 Month67.05%
6 Month41.45%
12 Month43.97%
2 Year-47.83%
3 Year-61.7%
5 Year-56.36%
10 Year-89.79%
15 Year-87.92%
Volatility
ATR(14)0.65
ATR(20)%11.19%
ATR Inc5.72%
Range Today0.39
ADR(20)0.77
ADR(20)%10.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.37
Mansfield1.19
10 Day High8.6
10 Day Low6.7
20 Day High9.62
20 Day Low6.18
52 Week High26.7
52 Week Low3.8
CS1 End7.01
CR1 Start7.68
Volume & EV
DER(3)34.08%
DER(5)24.54%
Volume8.12K
Volume Incr-83.06%
Vol(5)9.72K
Vol(50)39.55K