NASDAQ:CCOI • US19239V3024
We assign a technical rating of 4 out of 10 to CCOI. Recently some decent action could be observed, but in the medium term time frame this is still negative. CCOI was also a bad performer in the overall market in the last year.
CCOI has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately.
21.54
When analyzing the support we can see 2 important areas.
We can see 3 important resistance areas.
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 | UP | POSITIVE | The short term trend for CCOI is up. |
| ChartMill Relative Strength | 23.49 | NEGATIVE | CCOI has a low relative strength, it was outperformed by 76.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCOI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCOI is above the rising 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) | 62.55 | NEUTRAL | The RSI value for CCOI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests CCOI has a positive trend. |
| Stochastics (14,3) | 90.69 | OVERBOUGHT | The high Stochastics value suggests CCOI may be overbought. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for CCOI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.46 | NEGATIVE | The low ADX value for CCOI suggests a weak or negative trend. |
26.3
-0.21 (-0.79%)
ChartMill assigns a technical rating of 4 / 10 to CCOI.
The current trend direction for COGENT COMMUNICATIONS HOLDIN (CCOI) is Bearish.
COGENT COMMUNICATIONS HOLDIN (CCOI) has an RSI value of 62.5482. This indicates that the stock is currently neutral.
The short term momentum for COGENT COMMUNICATIONS HOLDIN (CCOI) is positive.
COGENT COMMUNICATIONS HOLDIN (CCOI) has a support level at 23.24 and a resistance level at 26.31. Check the full technical report for our detailed analysis of CCOI support and resistance levels.