CORECARD CORP (CCRD) Technical Analysis
NYSE:CCRD • US45816D1000
Current stock price
CCRD Technical Rating and Analysis
Overall CCRD gets a technical rating of 3 out of 10. Although CCRD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month CCRD has a been trading in the 23.60 - 27.99 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Looking at the yearly performance, CCRD did better than 82% of all other stocks.
- CCRD is one of the better performing stocks in the Software industry, it outperforms 89% of 275 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- CCRD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CCRD is lagging the market slightly.
CCRD Weekly and Daily overview Charts
CCRD Setup Rating and Analysis
The technical rating of CCRD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CCRD Support and Resistance Analysis
22.63
We found 1 important support area.
- Support @22.86 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 26.08 to 26.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.87 to 27.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @27.67 from a trend line in the daily time frame.
- Resistance @28.32 from a horizontal line in the daily time frame.
CCRD 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 | NEUTRAL | NEUTRAL | The long term trend for CCRD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCRD is down. |
| ChartMill Relative Strength | 82.98 | POSITIVE | CCRD has a high relative strength, it outperformed 82.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCRD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CCRD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CCRD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.99 | OVERSOLD | The low RSI value suggests CCRD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests CCRD has a negative trend. |
| Stochastics (14,3) | 1.48 | OVERSOLD | The low Stochastics value suggests CCRD may be oversold. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for CCRD suggests some volalility. |
| Average Directional Index/ADX (14) | 22.05 | NEUTRAL | The ADX value for CCRD suggests a possible start of a new trend. |
CCRD Chart- and CandleStick Pattern Analysis
CCRD Technicals: Chart, Performance Metrics, Trend & Indicators
23.6
-0.72 (-2.96%)
CORECARD CORP / CCRD TA FAQ
What is the technical rating for CCRD stock?
ChartMill assigns a technical rating of 3 / 10 to CCRD.
What is the trend direction for CCRD stock?
The current trend direction for CORECARD CORP (CCRD) is Bearish.
What is the RSI signal for CORECARD CORP (CCRD) stock?
CORECARD CORP (CCRD) has an RSI value of 28.9902. This indicates that the stock is currently oversold.
Can you provide the MACD signal for CORECARD CORP?
The MACD indicator for CORECARD CORP (CCRD) has a value of -0.331607, indicating a bearish trend.
What is the support and resistance level for CCRD stock?
CORECARD CORP (CCRD) has a support level at 22.86 and a resistance level at 26.08. Check the full technical report for our detailed analysis of CCRD support and resistance levels.