CIA CERVECERIAS UNI-SPON ADR (CCU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CCU - US2044291043 - ADR
Overall CCU gets a technical rating of 6 out of 10. CCU has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
CCU has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 12.94, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CCU 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.
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11.11
We found 3 important support areas.
- A support zone ranging from 12.35 to 12.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.52 to 11.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.22 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.02 to 13.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.48 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 CCU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCU is up. |
| ChartMill Relative Strength | 75.13 | POSITIVE | CCU has a high relative strength, it outperformed 75.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CCU is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.69 | NEUTRAL | The RSI value for CCU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CCU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.95 | NEUTRAL | The Stochastics value for CCU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for CCU suggests some volalility. |
| Average Directional Index/ADX (14) | 16.91 | NEGATIVE | The low ADX value for CCU suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.21 | 12.51 | 0.70 (5.30%) | 18.87% |
| An entry @13.21. This is a Buy Stop order right above the resistance zone. | An exit @12.51. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.70 points, which is 5.30%. | For a 1.00% total portfolio risk, you can invest 18.87% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
13.01
+0.3 (+2.36%)
CIA CERVECERIAS UNI-SPON ADR / CCU FAQ
What is the ChartMill technical rating of CIA CERVECERIAS UNI-SPON ADR (CCU) stock?
ChartMill assigns a technical rating of 6 / 10 to CCU.
What is the current trend direction of CIA CERVECERIAS UNI-SPON ADR (CCU) stock?
The current trend direction for CIA CERVECERIAS UNI-SPON ADR (CCU) is Bearish.
What is the RSI signal for CCU stock?
CIA CERVECERIAS UNI-SPON ADR (CCU) has an RSI value of 56.6908. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CIA CERVECERIAS UNI-SPON ADR?
The MACD indicator for CIA CERVECERIAS UNI-SPON ADR (CCU) has a value of -0.0278153, indicating a bearish trend.
What is the support and resistance level for CCU stock?
CIA CERVECERIAS UNI-SPON ADR (CCU) has a support level at 12.94 and a resistance level at 13.02. Check the full technical report for our detailed analysis of CCU support and resistance levels.