CHROMADEX CORP (CDXC) Stock Technical Analysis
NASDAQ:CDXC - Nasdaq - US1710774076 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to CDXC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CDXC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CDXC did better than 98% of all other stocks. On top of that, CDXC also shows a nice and consistent pattern of rising prices.
CDXC is part of the Life Sciences Tools & Services industry. There are 54 other stocks in this industry. CDXC outperforms 98% of them.
CDXC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CDXC is lagging the market slightly.
In the last month CDXC has a been trading in the 5.25 - 9.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CDXC has an excellent technical rating, it does not offer a high 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
3.91
7.97
When analyzing the support we can see 6 important areas.
- Support @7.71 from a horizontal line in the daily time frame.
- Support @5.77 from a trend line in the weekly time frame.
- Support @5.49 from a horizontal line in the daily time frame.
- Support @5.30 from a horizontal line in the daily time frame.
- Support @4.77 from a trend line in the daily time frame.
- Support @3.95 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.88 to 7.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for CDXC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CDXC is up. |
| ChartMill Relative Strength | 98.21 | POSITIVE | CDXC has a high relative strength, it outperformed 98.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CDXC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CDXC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CDXC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.61 | NEUTRAL | The RSI value for CDXC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CDXC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.88 | NEUTRAL | The Stochastics value for CDXC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.98 | HIGH VOLATILITY | The high ATR as a percentage value for CDXC suggests high volalility. |
| Average Directional Index/ADX (14) | 33.91 | POSITIVE | The high ADX value value for CDXC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
7.87
-0.07 (-0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-0.88%
1 Week-0.38%
2 Weeks40.54%
1 Month33.16%
3 Month43.35%
6 Month116.8%
12 Month121.07%
2 Year414.38%
3 Year219.92%
5 Year141.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%6.98%
ATR Inc-60.92%
Range Today0.17
ADR(20)0.49
ADR(20)%6.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.21
Mansfield7.67
10 Day High9.18
10 Day Low6.67
20 Day High9.18
20 Day Low5.25
52 Week High9.18
52 Week Low2.31
CS1 End7.71
CR1 Start7.88
Volume & EV
DER(3)-4.03%
DER(5)-5.3%
Volume554.80K
Volume Incr-55.77%
Vol(5)705.86K
Vol(50)872.49K