Taking everything into account, CD scores 2 out of 10 in our technical rating. In the last year, CD was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
CD has a poor technical rating and the quality of the setup is also only medium 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.
6.15
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 | NEUTRAL | NEUTRAL | The short term trend for CD is neutral. |
| 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) | DOWN | NEGATIVE | The current price of CD is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 41.74 | NEUTRAL | The RSI value for CD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests CD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16 | OVERSOLD | The low Stochastics value suggests CD may be oversold. |
| Average True Range in percent/ATR (20) | 21.07 | HIGH VOLATILITY | The high ATR as a percentage value for CD suggests high volalility. |
| Average Directional Index/ADX (14) | 15.98 | NEGATIVE | The low ADX value for CD suggests a weak or negative trend. |
6.21
+0.94 (+17.84%)
ChartMill assigns a technical rating of 2 / 10 to CD.
The current trend direction for CHAINCE DIGITAL HOLDINGS INC (CD) is Bullish.
CHAINCE DIGITAL HOLDINGS INC (CD) has an RSI value of 41.7424. This indicates that the stock is currently neutral.
The short term momentum for CHAINCE DIGITAL HOLDINGS INC (CD) is neutral.