CARDLYTICS INC (CDLX) Technical Analysis
NASDAQ:CDLX • US14161W1053
Current stock price
CDLX Technical Rating and Analysis
Overall CDLX gets a technical rating of 2 out of 10. In the past year, CDLX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, CDLX is a bad performer in the overall market: 80% of all stocks are doing better.
- CDLX is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 0.66 - 1.18 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- CDLX has an average volume of 1105200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- CDLX is an average performer in the Media industry, it outperforms 52% of 91 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CDLX Weekly and Daily overview Charts
CDLX 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.
More info and screens
CDLX Support and Resistance Analysis
0.95
We found 2 important support areas.
- A support zone ranging from 0.98 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.96 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @1.91 from a trend line in the weekly time frame.
- Resistance @2.00 from a trend line in the weekly time frame.
CDLX 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 | DOWN | NEGATIVE | The long term trend for CDLX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CDLX is up. |
| ChartMill Relative Strength | 20.82 | NEGATIVE | CDLX has a low relative strength, it was outperformed by 79.18% 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) | 64.69 | NEUTRAL | The RSI value for CDLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CDLX has a positive trend. |
| Stochastics (14,3) | 76.59 | NEUTRAL | The Stochastics value for CDLX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.94 | HIGH VOLATILITY | The high ATR as a percentage value for CDLX suggests high volalility. |
| Average Directional Index/ADX (14) | 29.8 | POSITIVE | The high ADX value value for CDLX suggests a strong trend. |
CDLX Chart- and CandleStick Pattern Analysis
CDLX Technicals: Chart, Performance Metrics, Trend & Indicators
1.13
+0.13 (+13%)
CARDLYTICS INC / CDLX TA FAQ
Can you provide the ChartMill technical rating for CARDLYTICS INC?
ChartMill assigns a technical rating of 2 / 10 to CDLX.
Can you provide the trend direction for CARDLYTICS INC?
The current trend direction for CARDLYTICS INC (CDLX) is Bearish.
Can you provide the RSI signal for CARDLYTICS INC?
CARDLYTICS INC (CDLX) has an RSI value of 64.6877. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for CARDLYTICS INC?
The buy/sell signal for CARDLYTICS INC (CDLX) is hold as the short term and long term trends are mixed.
What is the support and resistance level for CDLX stock?
CARDLYTICS INC (CDLX) has a support level at 1 and a resistance level at 1.91. Check the full technical report for our detailed analysis of CDLX support and resistance levels.