Churchill Capital II Cl A (CCX) Technical Analysis
NYSEARCA:CCX
Current stock price
CCX Technical Rating and Analysis
Overall CCX gets a technical rating of 6 out of 10. CCX 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.
- 77% of all other stocks performed better in the past year than CCX.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- CCX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CCX is lagging the market slightly.
- In the last month CCX has a been trading in the 10.01 - 11.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CCX Weekly and Daily overview Charts
CCX Setup Rating and Analysis
CCX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CCX Support and Resistance Analysis
9.80
When analyzing the support we notice one important area.
- A support zone ranging from 9.90 to 10.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @11.43 from a horizontal line in the weekly time frame.
CCX 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 CCX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCX is up. |
| ChartMill Relative Strength | 23.35 | NEGATIVE | CCX has a low relative strength, it was outperformed by 76.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.05 | NEUTRAL | The RSI value for CCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests CCX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.22 | NEUTRAL | The Stochastics value for CCX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for CCX suggests low volalility. |
CCX Chart- and CandleStick Pattern Analysis
CCX Technicals: Chart, Performance Metrics, Trend & Indicators
10.75
-0.86 (-7.41%)
Churchill Capital II Cl A / CCX TA FAQ
What is the technical rating for CCX stock?
ChartMill assigns a technical rating of 6 / 10 to CCX.
What is the trend direction for CCX stock?
The current trend direction for Churchill Capital II Cl A (CCX) is Bearish.
What is the RSI signal for CCX stock?
Churchill Capital II Cl A (CCX) has an RSI value of 62.0499. This indicates that the stock is currently neutral.
What is the MACD signal for Churchill Capital II Cl A (CCX) stock?
The MACD indicator for Churchill Capital II Cl A (CCX) has a value of 0.100869, indicating a bearish trend.
What is the short term momentum for Churchill Capital II Cl A (CCX) stock?
The short term momentum for Churchill Capital II Cl A (CCX) is positive.