We assign a technical rating of 4 out of 10 to CD. CD 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.
- 100% of all other stocks performed better in the past year than CD.
- CD is one of the lesser performing stocks in the Software industry. 90% of 278 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month CD has a been trading in the 4.29 - 6.65 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is only medium, CD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
5.06
We found 1 important support area.
- Support @5.11 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @6.34 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for CD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CD is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CD has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CD is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 52.88 | NEUTRAL | The RSI value for CD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CD has a positive trend. |
| Stochastics (14,3) | 87.23 | OVERBOUGHT | The high Stochastics value suggests CD may be overbought. |
| Average True Range in percent/ATR (20) | 12.28 | HIGH VOLATILITY | The high ATR as a percentage value for CD suggests high volalility. |
| Average Directional Index/ADX (14) | 13.47 | NEGATIVE | The low ADX value for CD suggests a weak or negative trend. |
6.14
-0.19 (-3%)
CHAINCE DIGITAL HOLDINGS INC / CD FAQ
What is the technical rating for CD stock?
ChartMill assigns a technical rating of 4 / 10 to CD.
What is the trend direction for CD stock?
The current trend direction for CHAINCE DIGITAL HOLDINGS INC (CD) is Bullish.
What is the RSI signal for CHAINCE DIGITAL HOLDINGS INC (CD) stock?
CHAINCE DIGITAL HOLDINGS INC (CD) has an RSI value of 52.8837. This indicates that the stock is currently neutral.
What is the MACD signal for CD stock?
The MACD indicator for CHAINCE DIGITAL HOLDINGS INC (CD) has a value of 0.133757, indicating a bearish trend.
What are the support and resistance levels for CHAINCE DIGITAL HOLDINGS INC (CD) stock?
CHAINCE DIGITAL HOLDINGS INC (CD) has a support level at 5.11 and a resistance level at 6.34. Check the full technical report for our detailed analysis of CD support and resistance levels.