We assign a technical rating of 1 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, CDLX is a bad performer in the overall market: 94% of all stocks are doing better.
- CDLX is one of the lesser performing stocks in the Media industry. 70% of 91 stocks in the same industry do better.
- CDLX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CDLX has a been trading in the 0.96 - 1.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of CDLX is bad and it also does not present a quality setup 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.
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0.97
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.25 to 1.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.21 from a horizontal line in the daily time frame.
- Support @1.06 from a trend line in the weekly time frame.
- Support @0.98 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @1.36 from a horizontal line in the weekly time frame.
- Resistance @1.45 from a trend line in the daily time frame.
- Resistance @2.28 from a trend line in the weekly time frame.
- Resistance @2.33 from a trend 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 | DOWN | NEGATIVE | The long term trend for CDLX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CDLX is neutral. |
| ChartMill Relative Strength | 6.14 | NEGATIVE | CDLX has a low relative strength, it was outperformed by 93.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CDLX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CDLX is above 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) | 52.36 | NEUTRAL | The RSI value for CDLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CDLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.23 | NEUTRAL | The Stochastics value for CDLX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.23 | HIGH VOLATILITY | The high ATR as a percentage value for CDLX suggests high volalility. |
| Average Directional Index/ADX (14) | 25.22 | POSITIVE | The high ADX value value for CDLX suggests a strong trend. |
1.29
+0.07 (+5.74%)
CARDLYTICS INC / CDLX FAQ
Can you provide the ChartMill technical rating for CARDLYTICS INC?
ChartMill assigns a technical rating of 1 / 10 to CDLX.
What is the trend direction for CDLX stock?
The current trend direction for CARDLYTICS INC (CDLX) is Bearish.
What is the RSI signal for CDLX stock?
CARDLYTICS INC (CDLX) has an RSI value of 52.3616. This indicates that the stock is currently neutral.
What is the MACD signal for CARDLYTICS INC (CDLX) stock?
The MACD indicator for CARDLYTICS INC (CDLX) has a value of 0.0217924, indicating a bearish trend.
What is the support and resistance level for CDLX stock?
CARDLYTICS INC (CDLX) has a support level at 1.25 and a resistance level at 1.36. Check the full technical report for our detailed analysis of CDLX support and resistance levels.