CERIDIAN HCM HOLDING INC (CDAY) Stock Technical Analysis
USA - NYSE:CDAY - US15677J1088 - Common Stock
We assign a technical rating of 5 out of 10 to CDAY. 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.
CDAY has an average technical rating and also the quality of the setup is 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.
More info and screens
61.07
3 important support areas can be observed.
- 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. |
69.52
+0.07 (+0.1%)
CERIDIAN HCM HOLDING INC / CDAY 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 current trend direction of CERIDIAN HCM HOLDING INC (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.
Can you provide the MACD signal for CERIDIAN HCM HOLDING INC?
The MACD indicator for CERIDIAN HCM HOLDING INC (CDAY) has a value of 0.448261, indicating a bearish trend.
Can you provide the short term momentum for CERIDIAN HCM HOLDING INC?
The short term momentum for CERIDIAN HCM HOLDING INC (CDAY) is positive.