CERIDIAN HCM HOLDING INC (CDAY) Technical Analysis
NYSE:CDAY • US15677J1088
Current stock price
CDAY Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to CDAY. In the past year, CDAY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 67% of all other stocks performed better in the past year than CDAY.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- CDAY is one of the better performing stocks in the Professional Services industry, it outperforms 74% of 87 stocks in the same industry.
- In the last month CDAY has a been trading in the 63.10 - 70.67 range, which is quite wide. It is currently trading near the high of this range.
- CDAY has an average volume of 1293710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CDAY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CDAY is lagging the market slightly.
CDAY Weekly and Daily overview Charts
CDAY Setup Rating and Analysis
CDAY has an average technical rating and the quality of the presented setup is also not ideal 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
CDAY Support and Resistance Analysis
61.07
When analyzing the support we can see 3 important areas.
- A support zone ranging from 66.57 to 69.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.15 to 64.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.69 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 69.83 to 70.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @74.47 from a horizontal line in the daily time frame.
CDAY 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 | NEUTRAL | NEUTRAL | The long term trend for CDAY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CDAY is up. |
| ChartMill Relative Strength | 33.21 | NEUTRAL | CDAY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CDAY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CDAY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CDAY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.65 | NEUTRAL | The RSI value for CDAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests CDAY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.62 | OVERBOUGHT | The high Stochastics value suggests CDAY may be overbought. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for CDAY suggests some volalility. |
| Average Directional Index/ADX (14) | 17.96 | NEGATIVE | The low ADX value for CDAY suggests a weak or negative trend. |
CDAY Chart- and CandleStick Pattern Analysis
CDAY Technicals: Chart, Performance Metrics, Trend & Indicators
69.52
+0.07 (+0.1%)
CERIDIAN HCM HOLDING INC / CDAY TA FAQ
Can you provide the ChartMill technical rating for CERIDIAN HCM HOLDING INC?
ChartMill assigns a technical rating of 5 / 10 to CDAY.
What is the trend direction for CDAY stock?
The current trend direction for CERIDIAN HCM HOLDING INC (CDAY) is Bearish.
What is the RSI signal for CDAY stock?
CERIDIAN HCM HOLDING INC (CDAY) has an RSI value of 60.6465. This indicates that the stock is currently neutral.
What is the MACD signal for CDAY stock?
The MACD indicator for CERIDIAN HCM HOLDING INC (CDAY) has a value of 0.448261, indicating a bearish trend.