CDT Technical Analysis - CDT EQUITY INC

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to CDT. CDT 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.

100% of all other stocks performed better in the past year than CDT.

CDT is part of the Life Sciences Tools & Services industry. There are 55 other stocks in this industry, of which 96% are performing better than CDT.

CDT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month CDT has a been trading in the 0.57 - 1.73 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.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

CDT has an average volume of 1007420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of CDT 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

0.67

1.28

We can see 2 important resistance areas.

A resistance zone ranging from 1.20 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @1.27 from a trend line in the daily time frame.

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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	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	0.28	NEGATIVE	CDT has a low relative strength, it was outperformed by 99.72% 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)	20.1	OVERSOLD	The low RSI value suggests CDT may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.05	NEGATIVE	The MACD value suggests CDT has a negative trend, although the MACD value is rising.
Stochastics (14,3)	4.84	OVERSOLD	The low Stochastics value suggests CDT may be oversold.
Average True Range in percent/ATR (20)	18.16	HIGH VOLATILITY	The high ATR as a percentage value for CDT suggests high volalility.
Average Directional Index/ADX (14)	47.07	POSITIVE	The high ADX value value for CDT suggests a strong trend.