CIA CERVECERIAS UNI-SPON ADR (CCU) Stock Technical Analysis
USA - NYSE:CCU - US2044291043 - ADR
We assign a technical rating of 6 out of 10 to CCU. In the past year, CCU was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, CCU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 12.91. Right above this resistance zone may be a good entry point.
More info and screens
11.11
3 important support areas can be observed.
- A support zone ranging from 12.13 to 12.32. 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 11.65. 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 one important area.
- A resistance zone ranging from 12.91 to 13.04. 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 | 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 | 71.45 | POSITIVE | CCU has a high relative strength, it outperformed 71.45% 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) | 61.24 | NEUTRAL | The RSI value for CCU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CCU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.91 | NEUTRAL | The Stochastics value for CCU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for CCU suggests some volalility. |
| Average Directional Index/ADX (14) | 19.95 | 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 |
|---|---|---|---|
| 13.05 | 12.19 | 0.86 (6.59%) | 15.17% |
| An entry @13.05. This is a Buy Stop order right above the resistance zone. | An exit @12.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.86 points, which is 6.59%. | For a 1.00% total portfolio risk, you can invest 15.17% 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.
12.9
+0.14 (+1.1%)
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 61.2386. 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 0.0683126, 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 12.32 and a resistance level at 12.91. Check the full technical report for our detailed analysis of CCU support and resistance levels.