China Customer Ord (CCRC) Technical Analysis
NASDAQ:CCRC
Current stock price
CCRC Technical Rating and Analysis
Taking everything into account, CCRC scores 8 out of 10 in our technical rating. Although CCRC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- CCRC is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 76% of 79 stocks in the same industry.
- In the last month CCRC has a been trading in the 6.11 - 6.50 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, CCRC turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
- CCRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CCRC is lagging the market.
- Volume is considerably higher in the last couple of days.
CCRC Weekly and Daily overview Charts
CCRC Setup Rating and Analysis
Besides having an excellent technical rating, CCRC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 6.51. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CCRC Support and Resistance Analysis
5.89
3 important support areas can be observed.
- A support zone ranging from 6.46 to 6.47. 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 6.18 to 6.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.95 to 5.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 6.51 to 6.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
CCRC 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 | UP | POSITIVE | The long term trend for CCRC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCRC is up. |
| ChartMill Relative Strength | 64.4 | NEUTRAL | CCRC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCRC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCRC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.47 | OVERBOUGHT | The high RSI value suggests CCRC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CCRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.02 | OVERBOUGHT | The high Stochastics value suggests CCRC may be overbought. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for CCRC suggests low volalility. |
CCRC Chart- and CandleStick Pattern Analysis
CCRC Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.52 | 6.45 | 0.07 (1.07%) | 25.00% |
| An entry @6.52. This is a Buy Stop order right above the resistance zone. | An exit @6.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.07 points, which is 1.07%. | For a 0.27% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CCRC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CCRC Technicals: Chart, Performance Metrics, Trend & Indicators
6.5
+0.02 (+0.31%)
China Customer Ord / CCRC TA FAQ
Can you provide the ChartMill technical rating for China Customer Ord?
ChartMill assigns a technical rating of 8 / 10 to CCRC.
What is the current trend direction of China Customer Ord (CCRC) stock?
The current trend direction for China Customer Ord (CCRC) is Bullish.
What is the RSI signal for CCRC stock?
China Customer Ord (CCRC) has an RSI value of 72.4737. This indicates that the stock is currently overbought.
What is the MACD signal for CCRC stock?
The MACD indicator for China Customer Ord (CCRC) has a value of 0.0102848, indicating a bearish trend.
Can you provide the short term momentum for China Customer Ord?
The short term momentum for China Customer Ord (CCRC) is positive.