CADIZ INC (CDZI) Stock Technical Analysis
NASDAQ:CDZI - Nasdaq - US1275372076 - Common Stock - Currency: USD
Taking everything into account, CDZI scores 3 out of 10 in our technical rating. CDZI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is bad, CDZI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.06, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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2.43
3 important support areas can be observed.
- A support zone ranging from 2.94 to 3.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.89 from a horizontal line in the daily time frame.
- Support @2.45 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.18 to 3.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.26 from a horizontal 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 CDZI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CDZI is neutral. |
| ChartMill Relative Strength | 47.19 | NEUTRAL | CDZI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CDZI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CDZI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CDZI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.46 | NEUTRAL | The RSI value for CDZI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CDZI has a positive trend. |
| Stochastics (14,3) | 69.83 | NEUTRAL | The Stochastics value for CDZI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for CDZI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.15 | NEGATIVE | The low ADX value for CDZI suggests a weak or negative trend. |
NASDAQ:CDZI (8/5/2025, 12:54:45 PM)
3.06
-0.09 (-2.86%)