COGENT COMMUNICATIONS HOLDIN (CCOI) Technical Analysis
NASDAQ:CCOI • US19239V3024
Current stock price
20.44 USD
+0.72 (+3.65%)
At close:
20.44 USD
0 (0%)
After Hours:
CCOI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CCOI. CCOI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 91% 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. 88% of 37 stocks in the same industry do better.
- 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.
- CCOI has an average volume of 1273820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CCOI has a been trading in the 17.22 - 21.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CCOI Weekly and Daily overview Charts
CCOI Setup Rating and Analysis
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
CCOI Support and Resistance Analysis
17.29
32.30
When analyzing the support we notice one important area.
- A support zone ranging from 17.46 to 17.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.45 to 20.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @31.98 from a trend 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 | NEUTRAL | NEUTRAL | The short term trend for CCOI is neutral. |
| ChartMill Relative Strength | 9.06 | NEGATIVE | CCOI has a low relative strength, it was outperformed by 90.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CCOI is above 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) | 53.24 | NEUTRAL | The RSI value for CCOI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests CCOI has a positive trend. |
| Stochastics (14,3) | 76.79 | NEUTRAL | The Stochastics value for CCOI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.33 | HIGH VOLATILITY | The high ATR as a percentage value for CCOI suggests high volalility. |
| Average Directional Index/ADX (14) | 14.25 | NEGATIVE | The low ADX value for CCOI suggests a weak or negative trend. |
CCOI Chart- and CandleStick Pattern Analysis
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)
CCOI Technicals: Chart, Performance Metrics, Trend & Indicators
20.44
+0.72 (+3.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg3.65%
1 Week11.63%
2 Weeks11.45%
1 Month-4.22%
3 Month-10.9%
6 Month-51.39%
12 Month-60.49%
2 Year-68.15%
3 Year-70.39%
5 Year-72.93%
10 Year-47.18%
15 Year40.87%
Volatility
ATR(14)1.2
ATR(20)%6.33%
ATR Inc22.9%
Range Today1.02
ADR(20)1.28
ADR(20)%6.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.06
3 months CRS25.89
6 months CRS9.33
Mansfield-4.44
10 Day High21.35
10 Day Low17.22
20 Day High21.35
20 Day Low17.22
52 Week High56.89
52 Week Low15.96
CS1 End17.62
CR1 Start20.45
Volume & EV
DER(3)4.66%
DER(5)3.95%
Volume851.60K
Volume Incr-25.69%
Vol(5)847.28K
Vol(50)1.27M
COGENT COMMUNICATIONS HOLDIN / CCOI TA FAQ
Can you provide the ChartMill technical rating for COGENT COMMUNICATIONS HOLDIN?
ChartMill assigns a technical rating of 0 / 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 53.2431. 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 0.355409, indicating a bearish trend.