CIA CERVECERIAS UNI-SPON ADR (CCU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CCU - US2044291043 - ADR
We assign a technical rating of 3 out of 10 to CCU. CCU has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The technical rating of CCU is bad and it also does not present a 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
11.11
2 important support areas can be observed.
- A support zone ranging from 11.52 to 11.77. 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 12.71 to 13.52. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for CCU is down. |
| ChartMill Relative Strength | 64 | NEUTRAL | CCU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CCU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.66 | NEUTRAL | The RSI value for CCU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CCU has a negative trend. |
| Stochastics (14,3) | 2.1 | OVERSOLD | The low Stochastics value suggests CCU may be oversold. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for CCU suggests some volalility. |
| Average Directional Index/ADX (14) | 15.84 | NEGATIVE | The low ADX value for CCU suggests a weak or negative trend. |
12.51
+0.03 (+0.24%)
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 3 / 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 41.6555. 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 -0.101814, 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 11.77 and a resistance level at 12.71. Check the full technical report for our detailed analysis of CCU support and resistance levels.