CROSS COUNTRY HEALTHCARE INC (CCRN) Technical Analysis
NASDAQ:CCRN • US2274831047
Current stock price
CCRN Technical Rating and Analysis
Taking everything into account, CCRN scores 2 out of 10 in our technical rating. CCRN 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 81% of all other stocks performed better in the past year than CCRN.
- CCRN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CCRN is lagging the market.
- In the last month CCRN has a been trading in the 8.79 - 10.30 range, which is quite wide. It is currently trading near the lows of this range.
- CCRN is an average performer in the Health Care Providers & Services industry, it outperforms 40% of 100 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
CCRN Weekly and Daily overview Charts
CCRN Setup Rating and Analysis
Although the technical rating is bad, CCRN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for CCRN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CCRN Support and Resistance Analysis
7.86
2 important support areas can be observed.
- Support @8.25 from a trend line in the daily time frame.
- A support zone ranging from 7.94 to 7.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 9.49 to 9.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.83 from a horizontal line in the weekly time frame.
- Resistance @10.07 from a horizontal line in the daily time frame.
- Resistance @11.06 from a trend line in the weekly time frame.
CCRN 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 CCRN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCRN is neutral. |
| ChartMill Relative Strength | 19.1 | NEGATIVE | CCRN has a low relative strength, it was outperformed by 80.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCRN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCRN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCRN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.98 | NEUTRAL | The RSI value for CCRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CCRN has a negative trend. |
| Stochastics (14,3) | 38.87 | NEUTRAL | The Stochastics value for CCRN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for CCRN suggests some volalility. |
| Average Directional Index/ADX (14) | 21.18 | NEUTRAL | The ADX value for CCRN suggests a possible start of a new trend. |
CCRN Chart- and CandleStick Pattern Analysis
CCRN Technicals: Chart, Performance Metrics, Trend & Indicators
9.18
-0.14 (-1.5%)
CROSS COUNTRY HEALTHCARE INC / CCRN TA FAQ
What is the ChartMill technical rating of CROSS COUNTRY HEALTHCARE INC (CCRN) stock?
ChartMill assigns a technical rating of 2 / 10 to CCRN.
What is the trend direction for CCRN stock?
The current trend direction for CROSS COUNTRY HEALTHCARE INC (CCRN) is Bearish.
What is the RSI signal for CCRN stock?
CROSS COUNTRY HEALTHCARE INC (CCRN) has an RSI value of 46.9826. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CROSS COUNTRY HEALTHCARE INC?
The short term momentum for CROSS COUNTRY HEALTHCARE INC (CCRN) is neutral.
What is the support and resistance level for CCRN stock?
CROSS COUNTRY HEALTHCARE INC (CCRN) has a support level at 8.25 and a resistance level at 9.49. Check the full technical report for our detailed analysis of CCRN support and resistance levels.