CHEMOCENTRYX INC (CCXI)

US16383L1061 - Common Stock

51.99  +0.03 (+0.06%)

After market: 51.99 0 (0%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to CCXI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CCXI is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
CCXI is part of the Biotechnology industry. There are 592 other stocks in this industry. CCXI outperforms 98% of them.
CCXI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CCXI has an average volume of 1742590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CCXI is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month CCXI has a been trading in a tight range between 51.55 and 52.00.
Weekly and Daily overview Charts
CCXI Weekly chart
CCXI Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, CCXI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 52.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.98, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

22.00

52.52

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 51.36 to 51.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @29.75 from a trend line in the daily time frame.
  • Support @27.83 from a trend line in the weekly time frame.
  • Support @22.22 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 52.00 to 52.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.5
Mansfield7.65
10 Day High52
10 Day Low51.82
20 Day High52
20 Day Low51.55
52 Week High52
52 Week Low14.95
Performance
1 Week0.08%
2 Weeks0.19%
1 Month0.37%
3 Month134.51%
6 Month167.16%
12 Month50.39%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.2
RSI(14)79.01
LBB51.73
UBB52.06
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
52.0151.810.20 (0.38%)25.00%
An entry @52.01. This is a Buy Stop order right above the resistance zone.An exit @51.81. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.20 points, which is 0.38%.For a 0.10% total portfolio risk, you can invest 25.00% 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.
CCXI Daily chart

CHEMOCENTRYX INC

NASDAQ:CCXI (10/19/2022, 7:04:24 PM)

After market: 51.99 0 (0%)

51.99

+0.03 (+0.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.06%
1 Week0.08%
2 Weeks0.19%
1 Month0.37%
3 Month134.51%
6 Month167.16%
12 Month50.39%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.08
ATR(20)%0.19%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High52
10 Day Low51.82
20 Day High52
20 Day Low51.55
52 Week High52
52 Week Low14.95
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.48M
Volume Incr-13.58%
Vol(5)1.15M
Vol(50)1.74M