CDLX Technical Analysis - CARDLYTICS INC

Technical Rating and Analysis

We assign a technical rating of 3 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.

When comparing the yearly performance of all stocks, CDLX is a bad performer in the overall market: 87% of all stocks are doing 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.

CDLX has an average volume of 6307650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

CDLX is an average performer in the Media industry, it outperforms 50% of 96 stocks in the same industry.

In the last month CDLX has a been trading in the 1.10 - 3.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

CARDLYTICS INC / CDLX Weekly stock chart

Setup Rating and Analysis

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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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.89

2.92

2 important resistance areas can be observed.

Resistance @2.76 from a trend line in the daily time frame.
Resistance @2.89 from a trend line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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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	NEUTRAL	NEUTRAL	The long term trend for CDLX is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for CDLX is neutral.
ChartMill Relative Strength	13.12	NEGATIVE	CDLX has a low relative strength, it was outperformed by 86.88% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of CDLX is below 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)	47.52	NEUTRAL	The RSI value for CDLX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.07	NEGATIVE	The MACD value suggests CDLX has a negative trend.
Stochastics (14,3)	12.65	OVERSOLD	The low Stochastics value suggests CDLX may be oversold.
Average True Range in percent/ATR (20)	22.55	HIGH VOLATILITY	The high ATR as a percentage value for CDLX suggests high volalility.
Average Directional Index/ADX (14)	43.97	POSITIVE	The high ADX value value for CDLX suggests a strong trend.