CCSC TECHNOLOGY INTERNATIONA (CCTG) Technical Analysis
NASDAQ:CCTG • KYG1993R1184
Current stock price
CCTG Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to CCTG. CCTG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, CCTG is a bad performer in the overall market: 95% of all stocks are doing better.
- CCTG is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 82% are performing better than CCTG.
- CCTG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month CCTG has a been trading in the 0.37 - 0.63 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CCTG Weekly and Daily overview Charts
CCTG Setup Rating and Analysis
CCTG has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CCTG Support and Resistance Analysis
0.51
We found 1 important support area.
- A support zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.63 to 0.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.76 from a trend line in the weekly time frame.
- Resistance @0.81 from a trend line in the daily time frame.
- Resistance @0.87 from a trend line in the weekly time frame.
CCTG 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 CCTG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCTG is up. |
| ChartMill Relative Strength | 5.31 | NEGATIVE | CCTG has a low relative strength, it was outperformed by 94.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCTG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CCTG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCTG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.72 | NEUTRAL | The RSI value for CCTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CCTG has a positive trend. |
| Stochastics (14,3) | 83.57 | OVERBOUGHT | The high Stochastics value suggests CCTG may be overbought. |
| Average True Range in percent/ATR (20) | 8.75 | HIGH VOLATILITY | The high ATR as a percentage value for CCTG suggests high volalility. |
| Average Directional Index/ADX (14) | 15.49 | NEGATIVE | The low ADX value for CCTG suggests a weak or negative trend. |
CCTG Chart- and CandleStick Pattern Analysis
CCTG Technicals: Chart, Performance Metrics, Trend & Indicators
0.624
+0.06 (+10.68%)
CCSC TECHNOLOGY INTERNATIONA / CCTG TA FAQ
What is the ChartMill technical rating of CCSC TECHNOLOGY INTERNATIONA (CCTG) stock?
ChartMill assigns a technical rating of 4 / 10 to CCTG.
Can you provide the trend direction for CCSC TECHNOLOGY INTERNATIONA?
The current trend direction for CCSC TECHNOLOGY INTERNATIONA (CCTG) is Bearish.
What is the RSI signal for CCTG stock?
CCSC TECHNOLOGY INTERNATIONA (CCTG) has an RSI value of 64.7153. This indicates that the stock is currently neutral.
What is the short term momentum for CCTG stock?
The short term momentum for CCSC TECHNOLOGY INTERNATIONA (CCTG) is positive.