CARDLYTICS INC (CDLX) Stock Technical Analysis
NASDAQ:CDLX - Nasdaq - US14161W1053 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CDLX. CDLX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
98% of all other stocks performed better in the past year than CDLX.
CDLX is one of the lesser performing stocks in the Media industry. 85% of 98 stocks in the same industry do better.
CDLX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CDLX is lagging the market.
In the last month CDLX has a been trading in the 1.50 - 2.10 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
The technical rating of CDLX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.49
3.02
When analyzing the resistance we notice 2 important areas.
- Resistance @1.97 from a trend line in the daily time frame.
- Resistance @2.99 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for CDLX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CDLX is down. |
| ChartMill Relative Strength | 2.15 | NEGATIVE | CDLX has a low relative strength, it was outperformed by 97.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CDLX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CDLX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CDLX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.04 | NEUTRAL | The RSI value for CDLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CDLX has a negative trend. |
| Stochastics (14,3) | 7.23 | OVERSOLD | The low Stochastics value suggests CDLX may be oversold. |
| Average True Range in percent/ATR (20) | 7.55 | HIGH VOLATILITY | The high ATR as a percentage value for CDLX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.68 | NEGATIVE | The low ADX value for CDLX 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)
1.51
-0.09 (-5.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-5.63%
1 Week-15.64%
2 Weeks-16.57%
1 Month-24.12%
3 Month-38.87%
6 Month-59.52%
12 Month-82.06%
2 Year-76.11%
3 Year-93.23%
5 Year-97.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%7.55%
ATR Inc5.39%
Range Today0.1
ADR(20)0.11
ADR(20)%7.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.15
Mansfield-6.12
10 Day High1.85
10 Day Low1.5
20 Day High2.11
20 Day Low1.5
52 Week High9.48
52 Week Low1.22
CS1 EndN/A
CR1 Start1.97
Volume & EV
DER(3)-3.96%
DER(5)-4.32%
Volume729.90K
Volume Incr-19.65%
Vol(5)537.70K
Vol(50)847.91K