CLEAR CHANNEL OUTDOOR HOLDIN (CCO) Stock Technical Analysis
NYSE:CCO - US18453H1068 - Common Stock
1.26 USD
0 (0%)
1.26 USD
0 (0%)
Overall CCO gets a technical rating of 6 out of 10. In the last year, CCO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
62% of all other stocks performed better in the past year than CCO.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CCO has a been trading in the 1.00 - 1.32 range, which is quite wide. It is currently trading near the high of this range.
CCO has an average volume of 3936160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CCO is part of the Media industry. There are 100 other stocks in this industry, CCO did better than 58% of them.
CCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CCO is lagging the market.
CCO has an average technical rating and it also does not offer a high quality setup 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
1.01
1.37
We found 3 important support areas.
- A support zone ranging from 1.15 to 1.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.02 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.29 to 1.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.36 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 | NEUTRAL | NEUTRAL | The long term trend for CCO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCO is up. |
| ChartMill Relative Strength | 38.59 | NEUTRAL | CCO is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of CCO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.07 | NEUTRAL | The RSI value for CCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.42 | OVERBOUGHT | The high Stochastics value suggests CCO may be overbought. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for CCO suggests high volalility. |
| Average Directional Index/ADX (14) | 24.25 | NEUTRAL | The ADX value for CCO suggests a possible start of a new 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)
1.26
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0%
1 Week4.13%
2 Weeks13.51%
1 Month12.5%
3 Month17.76%
6 Month0.8%
12 Month-16%
2 Year-13.1%
3 Year-21.25%
5 Year7.69%
10 Year-84.56%
15 Year-87.46%
Volatility
ATR(14)0.06
ATR(20)%5.65%
ATR Inc-28.64%
Range Today0.04
ADR(20)0.07
ADR(20)%5.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.59
Mansfield-1.23
10 Day High1.32
10 Day Low1.11
20 Day High1.32
20 Day Low1
52 Week High1.77
52 Week Low0.81
CS1 End1.17
CR1 Start1.29
Volume & EV
DER(3)4.6%
DER(5)3.18%
Volume1.90M
Volume Incr-29.76%
Vol(5)2.67M
Vol(50)3.94M