COGENT COMMUNICATIONS HOLDIN (CCOI) Technical Analysis
NASDAQ:CCOI • US19239V3024
Current stock price
CCOI Technical Rating and Analysis
Overall CCOI gets a technical rating of 4 out of 10. 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.
- 92% of all other stocks performed better in the past year than CCOI.
- CCOI is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 86% of 37 stocks in the same industry do better.
- CCOI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CCOI has a been trading in the 18.82 - 25.21 range, which is quite wide. It is currently trading near the high of this range.
- CCOI has an average volume of 1220260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
CCOI Weekly and Daily overview Charts
CCOI Setup Rating and Analysis
CCOI has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
CCOI Support and Resistance Analysis
17.48
2 important support areas can be observed.
- A support zone ranging from 22.60 to 22.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 17.66 to 17.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 23.78 to 24.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @24.68 from a horizontal line in the daily time frame.
- Resistance @26.46 from a horizontal line in the weekly time frame.
CCOI Technical Indicator Signal Analysis
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 | 8.99 | NEGATIVE | CCOI has a low relative strength, it was outperformed by 91.01% 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) | DOWN | MIXED | The current price of CCOI is above 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) | 55 | NEUTRAL | The RSI value for CCOI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CCOI has a negative trend. |
| Stochastics (14,3) | 57.45 | NEUTRAL | The Stochastics value for CCOI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.89 | HIGH VOLATILITY | The high ATR as a percentage value for CCOI suggests high volalility. |
| Average Directional Index/ADX (14) | 30.48 | POSITIVE | The high ADX value value for CCOI suggests a strong trend. |
CCOI Chart- and CandleStick Pattern Analysis
CCOI Technicals: Chart, Performance Metrics, Trend & Indicators
23.16
+0.51 (+2.25%)
COGENT COMMUNICATIONS HOLDIN / CCOI TA FAQ
Can you provide the ChartMill technical rating for COGENT COMMUNICATIONS HOLDIN?
ChartMill assigns a technical rating of 4 / 10 to CCOI.
What is the trend direction for CCOI stock?
The current trend direction for COGENT COMMUNICATIONS HOLDIN (CCOI) is Bearish.
Can you provide the RSI signal for COGENT COMMUNICATIONS HOLDIN?
COGENT COMMUNICATIONS HOLDIN (CCOI) has an RSI value of 55.0039. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COGENT COMMUNICATIONS HOLDIN?
The MACD indicator for COGENT COMMUNICATIONS HOLDIN (CCOI) has a value of -0.0303928, indicating a bearish trend.
Can you provide the buy/sell signal for COGENT COMMUNICATIONS HOLDIN?
The buy/sell signal for COGENT COMMUNICATIONS HOLDIN (CCOI) is hold as the short term and long term trends are mixed.