We assign a technical rating of 0 out of 10 to CCOI. 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.
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
16.51
When analyzing the support we notice one important area.
- Support @16.68 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.09 to 19.09. This zone is formed by a combination of multiple trend lines 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 | 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 | 2.16 | NEGATIVE | CCOI has a low relative strength, it was outperformed by 97.84% 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) | 30.01 | NEUTRAL | The RSI value for CCOI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests CCOI has a positive trend. |
| Stochastics (14,3) | 26.8 | NEUTRAL | The Stochastics value for CCOI is a neutral value. |
| Average True Range in percent/ATR (20) | 12.92 | HIGH VOLATILITY | The high ATR as a percentage value for CCOI suggests high volalility. |
| Average Directional Index/ADX (14) | 54.45 | POSITIVE | The high ADX value value for CCOI suggests a strong trend. |
19.08
+0.08 (+0.42%)
COGENT COMMUNICATIONS HOLDIN / CCOI FAQ
Can you provide the ChartMill technical rating for COGENT COMMUNICATIONS HOLDIN?
ChartMill assigns a technical rating of 0 / 10 to CCOI.
Can you provide the trend direction for COGENT COMMUNICATIONS HOLDIN?
The current trend direction for COGENT COMMUNICATIONS HOLDIN (CCOI) is Bearish.
What is the RSI signal for COGENT COMMUNICATIONS HOLDIN (CCOI) stock?
COGENT COMMUNICATIONS HOLDIN (CCOI) has an RSI value of 30.0076. This indicates that the stock is currently neutral.
What is the MACD signal for CCOI stock?
The MACD indicator for COGENT COMMUNICATIONS HOLDIN (CCOI) has a value of 0.312143, indicating a bearish trend.
Can you provide the support and resistance levels for COGENT COMMUNICATIONS HOLDIN?
COGENT COMMUNICATIONS HOLDIN (CCOI) has a support level at 16.68 and a resistance level at 19.09. Check the full technical report for our detailed analysis of CCOI support and resistance levels.