CCSC TECHNOLOGY INTERNATIONA (CCTG) Technical Analysis
NASDAQ:CCTG • KYG1993R1184
We assign a technical rating of 4 out of 10 to CCTG. Although CCTG 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- CCTG 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 CCTG is lagging the market.
- In the last month CCTG has a been trading in the 0.45 - 0.77 range, which is quite wide. It is currently trading near the lows of this range.
- CCTG is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. CCTG outperforms 78% of them.
- CCTG has an average volume of 5049950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that CCTG is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- Considerably lower volume is observed in the last couple of days.
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
0.45
We found 2 important support areas.
- Support @0.46 from a horizontal line in the weekly time frame.
- Support @0.45 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @0.90 from a trend line in the weekly time frame.
- Resistance @0.93 from a trend 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 | DOWN | NEGATIVE | The long term trend for CCTG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCTG is down. |
| ChartMill Relative Strength | 93.59 | POSITIVE | CCTG has a high relative strength, it outperformed 93.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCTG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCTG is above the rising 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) | 43.78 | NEUTRAL | The RSI value for CCTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CCTG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.3 | OVERSOLD | The low Stochastics value suggests CCTG may be oversold. |
| Average True Range in percent/ATR (20) | 11.99 | HIGH VOLATILITY | The high ATR as a percentage value for CCTG suggests high volalility. |
| Average Directional Index/ADX (14) | 16.05 | NEGATIVE | The low ADX value for CCTG suggests a weak or negative trend. |
CCTG Technicals: Chart, Performance Metrics, Trend & Indicators
0.485
+0.01 (+2.93%)
CCSC TECHNOLOGY INTERNATIONA / CCTG 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.
Can you provide the RSI signal for CCSC TECHNOLOGY INTERNATIONA?
CCSC TECHNOLOGY INTERNATIONA (CCTG) has an RSI value of 43.7822. This indicates that the stock is currently neutral.
What is the buy/sell signal for CCSC TECHNOLOGY INTERNATIONA (CCTG) stock?
The buy/sell signal for CCSC TECHNOLOGY INTERNATIONA (CCTG) is sell as both the short term and long term trends are negative.
What is the support and resistance level for CCTG stock?
CCSC TECHNOLOGY INTERNATIONA (CCTG) has a support level at 0.46 and a resistance level at 0.9. Check the full technical report for our detailed analysis of CCTG support and resistance levels.