CENTURY COMMUNITIES INC (CCS) Stock Technical Analysis
NYSE:CCS • US1565043007
Overall CCS gets a technical rating of 8 out of 10. Although CCS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- CCS 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 CCS is lagging the market slightly.
- In the last month CCS has a been trading in the 60.88 - 76.00 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, CCS outperforms 60% of them, which is more or less in line with the market.
- CCS is an average performer in the Household Durables industry, it outperforms 59% of 60 stocks in the same industry.
CCS has an excellent technical rating and also presents a decent setup pattern. 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.
More info and screens
55.73
We found 6 important support areas.
- A support zone ranging from 66.50 to 66.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 62.97 to 62.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.54 from a trend line in the weekly time frame.
- Support @59.06 from a trend line in the daily time frame.
- Strong support @57.76 from a horizontal line in the daily time frame.
- Support @56.29 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 74.84 to 74.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CCS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCS is up. |
| ChartMill Relative Strength | 60.48 | NEUTRAL | CCS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.21 | NEUTRAL | The RSI value for CCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests CCS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.66 | NEUTRAL | The Stochastics value for CCS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for CCS suggests some volalility. |
| Average Directional Index/ADX (14) | 33.79 | POSITIVE | The high ADX value value for CCS suggests a strong trend. |
71.66
-1.57 (-2.14%)
CENTURY COMMUNITIES INC / CCS FAQ
What is the technical rating for CCS stock?
ChartMill assigns a technical rating of 8 / 10 to CCS.
What is the current trend direction of CENTURY COMMUNITIES INC (CCS) stock?
The current trend direction for CENTURY COMMUNITIES INC (CCS) is Bullish.
What is the RSI signal for CCS stock?
CENTURY COMMUNITIES INC (CCS) has an RSI value of 59.206. This indicates that the stock is currently neutral.
What is the MACD signal for CCS stock?
The MACD indicator for CENTURY COMMUNITIES INC (CCS) has a value of 0.316432, indicating a bearish trend.
What is the short term momentum for CCS stock?
The short term momentum for CENTURY COMMUNITIES INC (CCS) is positive.