USA - NASDAQ:CDT - US20678X3044 - Common Stock
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.
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.
3.05
We found 1 important resistance area.
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 | 0.22 | NEGATIVE | CDT has a low relative strength, it was outperformed by 99.78% 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) | 30.59 | NEUTRAL | The RSI value for CDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CDT has a positive trend. |
| Stochastics (14,3) | 10.81 | OVERSOLD | The low Stochastics value suggests CDT may be oversold. |
| Average True Range in percent/ATR (20) | 19.58 | HIGH VOLATILITY | The high ATR as a percentage value for CDT suggests high volalility. |
| Average Directional Index/ADX (14) | 24.6 | NEUTRAL | The ADX value for CDT suggests a possible start of a new trend. |
3.08
+0.01 (+0.33%)
ChartMill assigns a technical rating of 0 / 10 to CDT.
The current trend direction for CDT EQUITY INC (CDT) is Bearish.
CDT EQUITY INC (CDT) has an RSI value of 30.5943. This indicates that the stock is currently neutral.
The MACD indicator for CDT EQUITY INC (CDT) has a value of 0.0700037, indicating a bearish trend.
CDT EQUITY INC (CDT) has a resistance level at 5.96. Check the full technical report for our detailed analysis of CDT support and resistance levels.