COGENT COMMUNICATIONS HOLDIN (CCOI) Stock Technical Analysis
NASDAQ:CCOI - Nasdaq - US19239V3024 - Common Stock - Currency: USD
Overall CCOI gets a technical rating of 0 out of 10. CCOI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
88% of all other stocks performed better in the past year than CCOI.
CCOI is part of the Diversified Telecommunication Services industry. There are 33 other stocks in this industry, of which 71% are performing better than CCOI.
CCOI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CCOI is lagging the market.
In the last month CCOI has a been trading in the 43.65 - 56.88 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
The technical rating of CCOI is bad and it also does not present a 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
47.03
85.80
We can see 3 important resistance areas.
- A resistance zone ranging from 48.30 to 49.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @79.41 from a trend line in the weekly time frame.
- Resistance @84.95 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 | DOWN | NEGATIVE | The long term trend for CCOI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCOI is down. |
| ChartMill Relative Strength | 12.95 | NEGATIVE | CCOI has a low relative strength, it was outperformed by 87.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCOI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CCOI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCOI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.65 | NEUTRAL | The RSI value for CCOI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CCOI has a positive trend. |
| Stochastics (14,3) | 44.05 | NEUTRAL | The Stochastics value for CCOI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.04 | HIGH VOLATILITY | The high ATR as a percentage value for CCOI suggests high volalility. |
| Average Directional Index/ADX (14) | 45.06 | POSITIVE | The high ADX value value for CCOI 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)
47.5
+0.74 (+1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg1.58%
1 Week3.15%
2 Weeks-6.62%
1 Month-12.6%
3 Month-34.99%
6 Month-42.21%
12 Month-19.79%
2 Year-22.79%
3 Year-21.34%
5 Year-37.92%
10 Year51.18%
15 Year424.86%
Volatility
ATR(14)2.19
ATR(20)%5.04%
ATR Inc-25.41%
Range Today1.35
ADR(20)2.19
ADR(20)%4.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.95
Mansfield-3.32
10 Day High51.53
10 Day Low43.65
20 Day High56.89
20 Day Low43.65
52 Week High86.76
52 Week Low43.65
CS1 EndN/A
CR1 Start48.3
Volume & EV
DER(3)-3.64%
DER(5)-3.3%
Volume859.30K
Volume Incr60.46%
Vol(5)1.16M
Vol(50)747.44K