TSX:CDAY - Toronto Stock Exchange - US15677J1088 - Common Stock - Currency: CAD
Overall CDAY gets a technical rating of 2 out of 10. CDAY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CDAY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 94.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 92.21, a Stop Loss order could be placed below this zone.
80.88
When analyzing the support we can see 5 important areas.
3 important resistance areas can be observed.
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 CDAY.CA is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CDAY.CA is neutral. |
ChartMill Relative Strength | 39.37 | NEUTRAL | CDAY.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CDAY.CA is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CDAY.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CDAY.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 50.9 | NEUTRAL | The RSI value for CDAY.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CDAY.CA has a positive trend. |
Stochastics (14,3) | 53.1 | NEUTRAL | The Stochastics value for CDAY.CA is a neutral value. |
Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for CDAY.CA suggests some volalility. |
Average Directional Index/ADX (14) | 15.7 | NEGATIVE | The low ADX value for CDAY.CA suggests a weak or negative trend. |
TSX:CDAY (3/20/2024, 7:00:00 PM)
92.28
+0.34 (+0.37%)