CORECARD CORP (CCRD) Stock Technical Analysis
NYSE:CCRD - US45816D1000 - Common Stock
27.69 USD
+0.19 (+0.69%)
27.69 USD
0 (0%)
Overall CCRD gets a technical rating of 8 out of 10. In the last year, CCRD was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that CCRD is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by CCRD over the past year are nicely spread over this period.
CCRD is one of the better performing stocks in the Software industry, it outperforms 83% of 282 stocks in the same industry.
CCRD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CCRD is lagging the market slightly.
In the last month CCRD has a been trading in the 23.32 - 29.75 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Besides having an excellent technical rating, CCRD also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 27.50, a Stop Loss order could be placed below this zone.
More info and screens
16.05
31.29
When analyzing the support we can see 4 important areas.
- A support zone ranging from 26.99 to 27.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.31 from a horizontal line in the daily time frame.
- Support @21.15 from a trend line in the weekly time frame.
- Support @16.21 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @28.97 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 30.50 to 30.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 CCRD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCRD is neutral. |
| ChartMill Relative Strength | 91.35 | POSITIVE | CCRD has a high relative strength, it outperformed 91.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCRD is above the rising 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 | POSITIVE | The current price of CCRD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.58 | NEUTRAL | The RSI value for CCRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CCRD has a positive trend. |
| Stochastics (14,3) | 83.38 | OVERBOUGHT | The high Stochastics value suggests CCRD may be overbought. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for CCRD suggests some volalility. |
| Average Directional Index/ADX (14) | 19.81 | NEGATIVE | The low ADX value for CCRD suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 28.98 | 26.98 | 2.00 (6.90%) | 14.49% |
| An entry @28.98. This is a Buy Stop order right above the resistance zone. | An exit @26.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.00 points, which is 6.90%. | When investing 14.49% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
27.69
+0.19 (+0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.69%
1 Week1.4%
2 Weeks-0.69%
1 Month4.25%
3 Month4.17%
6 Month32.21%
12 Month89.13%
2 Year29.47%
3 Year13.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.04
ATR(20)%4.16%
ATR Inc-40.6%
Range Today0.67
ADR(20)0.98
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.35
Mansfield1.63
10 Day High28.5
10 Day Low23.32
20 Day High29.75
20 Day Low23.32
52 Week High31.99
52 Week Low12.12
CS1 End27.5
CR1 Start28.97
Volume & EV
DER(3)0.31%
DER(5)-0.13%
Volume28.58K
Volume Incr-41.12%
Vol(5)72.02K
Vol(50)100.81K