CDK Global Inc (CDK) Technical Analysis
NASDAQ:CDK • US12508E1010
Current stock price
CDK Technical Rating and Analysis
Taking everything into account, CDK scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CDK is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- CDK is part of the Software industry. There are 275 other stocks in this industry. CDK outperforms 94% of them.
- CDK is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CDK is leading the market.
- CDK has an average volume of 2245600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that CDK is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month CDK has a been trading in a tight range between 53.87 and 55.12.
- Volume is considerably higher in the last couple of days.
CDK Weekly and Daily overview Charts
CDK Setup Rating and Analysis
CDK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 54.71, a Stop Loss order could be placed below this zone.
More info and screens
CDK Support and Resistance Analysis
41.48
We found 3 important support areas.
- A support zone ranging from 53.51 to 54.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.07 from a trend line in the daily time frame.
- Support @41.90 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.85 to 54.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
CDK 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 | UP | POSITIVE | The long term trend for CDK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CDK is up. |
| ChartMill Relative Strength | 91.92 | POSITIVE | CDK has a high relative strength, it outperformed 91.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CDK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CDK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CDK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.83 | NEUTRAL | The RSI value for CDK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CDK has a negative trend. |
| Stochastics (14,3) | 73.6 | NEUTRAL | The Stochastics value for CDK is a neutral value. |
| Average True Range in percent/ATR (20) | 0.43 | LOW VOLATILITY | The low ATR as a percentage value for CDK suggests low volalility. |
CDK Chart- and CandleStick Pattern Analysis
CDK Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 54.86 | 54.30 | 0.56 (1.02%) | 25.00% |
| An entry @54.86. This is a Buy Stop order right above the resistance zone. | An exit @54.30. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.56 points, which is 1.02%. | For a 0.26% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CDK Technicals: Chart, Performance Metrics, Trend & Indicators
54.76
-0.08 (-0.15%)
CDK Global Inc / CDK TA FAQ
What is the technical rating for CDK stock?
ChartMill assigns a technical rating of 7 / 10 to CDK.
What is the current trend direction of CDK Global Inc (CDK) stock?
The current trend direction for CDK Global Inc (CDK) is Bullish.
What is the RSI signal for CDK Global Inc (CDK) stock?
CDK Global Inc (CDK) has an RSI value of 60.8296. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CDK Global Inc?
The MACD indicator for CDK Global Inc (CDK) has a value of -0.00739837, indicating a bearish trend.
What is the buy/sell signal for CDK Global Inc (CDK) stock?
The buy/sell signal for CDK Global Inc (CDK) is buy as both the short term and long term trends are positive.