Churchill Capital II Cl A (CCX) Stock Technical Analysis
NYSEARCA:CCX - NYSE Arca -
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 currently trading near new highs, so CCX is lagging the market.
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 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
9.80
11.54
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.
When analyzing the resistance we notice one important area.
- Resistance @11.43 from a horizontal line in the weekly 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 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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
10.75
-0.86 (-7.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.41%
1 Week6.65%
2 Weeks6.54%
1 Month7.18%
3 Month6.97%
6 Month5.6%
12 Month-0.37%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%1.62%
ATR Inc2889.59%
Range Today1.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.35
Mansfield-1.13
10 Day High11.75
10 Day Low10.01
20 Day High11.75
20 Day Low10.01
52 Week High11.99
52 Week Low9.92
CS1 End10.31
CR1 Start11.43
Volume & EV
DER(3)3.78%
DER(5)3.02%
Volume2.30M
Volume Incr83.1%
Vol(5)2.30M
Vol(50)989.88K