CADIZ INC (CDZI) Stock Technical Analysis
NASDAQ:CDZI • US1275372076
We assign a technical rating of 2 out of 10 to CDZI. CDZI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, CDZI outperforms 48% of them, which is more or less in line with the market.
- CDZI is an average performer in the Water Utilities industry, it outperforms 69% of 14 stocks in the same industry.
- CDZI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CDZI is lagging the market.
- In the last month CDZI has a been trading in the 4.42 - 6.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of CDZI 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.
More info and screens
4.49
We found 1 important support area.
- A support zone ranging from 4.54 to 4.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 5.45 to 5.49. 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 | NEUTRAL | NEUTRAL | The long term trend for CDZI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CDZI is neutral. |
| ChartMill Relative Strength | 48.75 | NEUTRAL | CDZI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CDZI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CDZI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CDZI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.61 | NEUTRAL | The RSI value for CDZI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CDZI has a positive trend. |
| Stochastics (14,3) | 67.96 | NEUTRAL | The Stochastics value for CDZI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.94 | HIGH VOLATILITY | The high ATR as a percentage value for CDZI suggests high volalility. |
| Average Directional Index/ADX (14) | 26.19 | POSITIVE | The high ADX value value for CDZI suggests a strong trend. |
5.31
-0.17 (-3.1%)
CADIZ INC / CDZI FAQ
What is the technical rating for CDZI stock?
ChartMill assigns a technical rating of 2 / 10 to CDZI.
What is the current trend direction of CADIZ INC (CDZI) stock?
The current trend direction for CADIZ INC (CDZI) is Bearish.
What is the RSI signal for CADIZ INC (CDZI) stock?
CADIZ INC (CDZI) has an RSI value of 47.614. This indicates that the stock is currently neutral.
What is the MACD signal for CADIZ INC (CDZI) stock?
The MACD indicator for CADIZ INC (CDZI) has a value of 0.0444424, indicating a bearish trend.