Churchill Capital III Cl A (CCXX) Technical Analysis
NYSE:CCXX
Current stock price
CCXX Technical Rating and Analysis
Overall CCXX gets a technical rating of 1 out of 10. In the last year, CCXX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, CCXX is a bad performer in the overall market: 100% of all stocks are doing better.
- CCXX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- CCXX has an average volume of 2287830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- In the last month CCXX has a been trading in the 8.99 - 11.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
CCXX Weekly and Daily overview Charts
CCXX Setup Rating and Analysis
The technical rating of CCXX 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
CCXX Support and Resistance Analysis
9.73
When analyzing the support we notice one important area.
- A support zone ranging from 9.83 to 9.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 10.29 to 10.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.70 to 10.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.13 to 11.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.52 from a horizontal line in the daily time frame.
CCXX 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 | UP | POSITIVE | The long term trend for CCXX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCXX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CCXX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCXX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CCXX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 34.31 | NEUTRAL | The RSI value for CCXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CCXX has a negative trend. |
| Stochastics (14,3) | 42.1 | NEUTRAL | The Stochastics value for CCXX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for CCXX suggests some volalility. |
CCXX Chart- and CandleStick Pattern Analysis
CCXX Technicals: Chart, Performance Metrics, Trend & Indicators
9.84
-0.41 (-4%)
Churchill Capital III Cl A / CCXX TA FAQ
Can you provide the ChartMill technical rating for Churchill Capital III Cl A?
ChartMill assigns a technical rating of 1 / 10 to CCXX.
Can you provide the trend direction for Churchill Capital III Cl A?
The current trend direction for Churchill Capital III Cl A (CCXX) is Bullish.
Can you provide the RSI signal for Churchill Capital III Cl A?
Churchill Capital III Cl A (CCXX) has an RSI value of 34.3121. This indicates that the stock is currently neutral.
What is the short term momentum for CCXX stock?
The short term momentum for Churchill Capital III Cl A (CCXX) is negative.
What is the buy/sell signal for CCXX stock?
The buy/sell signal for Churchill Capital III Cl A (CCXX) is hold as the short term and long term trends are mixed.