CORECARD CORP (CCRD) Stock Technical Analysis
USA - NYSE:CCRD - US45816D1000 - Common Stock
Taking everything into account, CCRD scores 2 out of 10 in our technical rating. 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.
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.
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22.63
When analyzing the support we notice one important area.
- Support @22.86 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important 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.
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 | 77.63 | POSITIVE | CCRD has a high relative strength, it outperformed 77.63% 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. |
23.6
-0.72 (-2.96%)
CORECARD CORP / CCRD FAQ
What is the technical rating for CCRD stock?
ChartMill assigns a technical rating of 2 / 10 to CCRD.
What is the current trend direction of CORECARD CORP (CCRD) stock?
The current trend direction for CORECARD CORP (CCRD) is Bearish.
What is the RSI signal for 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 short term momentum for CORECARD CORP (CCRD) stock?
The short term momentum for CORECARD CORP (CCRD) is negative.