CERIDIAN HCM HOLDING INC (CDAY) Stock Technical Analysis
NYSE:CDAY - New York Stock Exchange, Inc. - US15677J1088 - Common Stock - Currency: USD
Taking everything into account, CDAY scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CDAY was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, CDAY is a bad performer in the overall market: 67% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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 part of the Professional Services industry. There are 81 other stocks in this industry, CDAY did better than 51% of them.
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 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
61.07
75.21
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.
2 important resistance areas can be observed.
- 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
69.52
+0.07 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.1%
1 Week1.24%
2 Weeks7.02%
1 Month5.3%
3 Month6.63%
6 Month-2.8%
12 Month-8.77%
2 Year-8.31%
3 Year-25.17%
5 Year68.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.72
ATR(20)%2.48%
ATR Inc-9.96%
Range Today1.57
ADR(20)1.67
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.21
Mansfield-0.81
10 Day High70.67
10 Day Low64.06
20 Day High70.67
20 Day Low63.1
52 Week High79.66
52 Week Low55.62
CS1 End69.21
CR1 Start69.83
Volume & EV
DER(3)1.61%
DER(5)1.75%
Volume2.68M
Volume Incr26.53%
Vol(5)1.53M
Vol(50)1.29M