CLEAR CHANNEL OUTDOOR HOLDIN (CCO) Stock Technical Analysis
USA - NYSE:CCO - US18453H1068 - Common Stock
1.43 USD
0 (0%)
1.44 USD
+0.01 (+0.7%)
Overall CCO gets a technical rating of 8 out of 10. Although CCO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
CCO is part of the Media industry. There are 96 other stocks in this industry. CCO outperforms 71% of them.
CCO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CCO is lagging the market slightly.
CCO has an average volume of 3666600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, CCO turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
In the last month CCO has a been trading in the 1.26 - 1.61 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.
Although CCO has an excellent technical rating, the quality of the presented setup is not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.04
1.52
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.42 to 1.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.10 from a trend line in the daily time frame.
- A support zone ranging from 1.05 to 1.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.49 to 1.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 50.64 | NEUTRAL | CCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CCO is below 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) | 51.35 | 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) | 35.52 | NEUTRAL | The Stochastics value for CCO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.68 | HIGH VOLATILITY | The high ATR as a percentage value for CCO suggests high volalility. |
| Average Directional Index/ADX (14) | 39.89 | POSITIVE | The high ADX value value for CCO 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)
1.43
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0%
1 Week-8.33%
2 Weeks-5.92%
1 Month12.6%
3 Month17.21%
6 Month38.83%
12 Month-10.06%
2 Year30%
3 Year0%
5 Year59.96%
10 Year-80.88%
15 Year-87.96%
Volatility
ATR(14)0.08
ATR(20)%5.68%
ATR Inc-21.65%
Range Today0.05
ADR(20)0.08
ADR(20)%5.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.64
Mansfield-0.08
10 Day High1.59
10 Day Low1.41
20 Day High1.61
20 Day Low1.26
52 Week High1.69
52 Week Low0.81
CS1 End1.42
CR1 Start1.49
Volume & EV
DER(3)-7.37%
DER(5)-5.86%
Volume1.21M
Volume Incr-59.74%
Vol(5)1.75M
Vol(50)3.67M