CLEAR CHANNEL OUTDOOR HOLDIN (CCO) Stock Technical Analysis
USA - NYSE:CCO - US18453H1068 - Common Stock
Overall CCO gets a technical rating of 9 out of 10. Both in the recent history as in the last year, CCO has proven to be a steady performer, scoring decent points in every aspect analyzed.
CCO has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.04
6 important support areas can be observed.
- A support zone ranging from 1.71 to 1.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.41 to 1.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.34 from a trend line in the daily time frame.
- Support @1.27 from a horizontal line in the daily time frame.
- Support @1.09 from a trend line in the weekly time frame.
- Support @1.05 from a horizontal line in the daily 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 CCO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCO is up. |
| ChartMill Relative Strength | 91.13 | POSITIVE | CCO has a high relative strength, it outperformed 91.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.97 | NEUTRAL | The RSI value for CCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CCO has a negative trend. |
| Stochastics (14,3) | 62.45 | NEUTRAL | The Stochastics value for CCO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.56 | HIGH VOLATILITY | The high ATR as a percentage value for CCO suggests high volalility. |
| Average Directional Index/ADX (14) | 33.83 | POSITIVE | The high ADX value value for CCO suggests a strong trend. |
1.81
+0.07 (+4.02%)
CLEAR CHANNEL OUTDOOR HOLDIN / CCO FAQ
What is the technical rating for CCO stock?
ChartMill assigns a technical rating of 9 / 10 to CCO.
What is the trend direction for CCO stock?
The current trend direction for CLEAR CHANNEL OUTDOOR HOLDIN (CCO) is Bullish.
Can you provide the RSI signal for CLEAR CHANNEL OUTDOOR HOLDIN?
CLEAR CHANNEL OUTDOOR HOLDIN (CCO) has an RSI value of 57.9662. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CLEAR CHANNEL OUTDOOR HOLDIN?
The MACD indicator for CLEAR CHANNEL OUTDOOR HOLDIN (CCO) has a value of -0.0156126, indicating a bearish trend.
What is the short term momentum for CLEAR CHANNEL OUTDOOR HOLDIN (CCO) stock?
The short term momentum for CLEAR CHANNEL OUTDOOR HOLDIN (CCO) is positive.