CDT EQUITY INC (CDT) Technical Analysis
NASDAQ:CDT • US20678X4034
Overall CDT gets a technical rating of 0 out of 10. CDT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than CDT.
- CDT is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry, of which 94% are performing better than CDT.
- CDT 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 CDT is lagging the market.
- In the last month CDT has a been trading in the 0.58 - 1.18 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
CDT has a poor technical rating and the quality of the setup is also not perfect 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
0.66
We can see 3 important resistance areas.
- Resistance @0.71 from a horizontal line in the daily time frame.
- Resistance @0.81 from a trend line in the daily time frame.
- Resistance @0.93 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 CDT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CDT is down. |
| ChartMill Relative Strength | 1.1 | NEGATIVE | CDT has a low relative strength, it was outperformed by 98.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CDT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CDT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CDT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.25 | NEUTRAL | The RSI value for CDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CDT has a positive trend. |
| Stochastics (14,3) | 17.85 | OVERSOLD | The low Stochastics value suggests CDT may be oversold. |
| Average True Range in percent/ATR (20) | 16.31 | HIGH VOLATILITY | The high ATR as a percentage value for CDT suggests high volalility. |
| Average Directional Index/ADX (14) | 31.24 | POSITIVE | The high ADX value value for CDT suggests a strong trend. |
CDT Technicals: Chart, Performance Metrics, Trend & Indicators
0.67
+0 (+0.43%)
CDT EQUITY INC / CDT FAQ
What is the technical rating for CDT stock?
ChartMill assigns a technical rating of 0 / 10 to CDT.
What is the trend direction for CDT stock?
The current trend direction for CDT EQUITY INC (CDT) is Bearish.
What is the RSI signal for CDT EQUITY INC (CDT) stock?
CDT EQUITY INC (CDT) has an RSI value of 33.2489. This indicates that the stock is currently neutral.
What is the MACD signal for CDT EQUITY INC (CDT) stock?
The MACD indicator for CDT EQUITY INC (CDT) has a value of 0.00277006, indicating a bearish trend.
What is the short term momentum for CDT EQUITY INC (CDT) stock?
The short term momentum for CDT EQUITY INC (CDT) is negative.