CADIZ INC (CDZI) Stock Technical Analysis
NASDAQ:CDZI - US1275372076 - Common Stock
3.54 USD
-0.04 (-1.12%)
3.54 USD
0 (0%)
We assign a technical rating of 8 out of 10 to CDZI. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CDZI is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
CDZI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that CDZI is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CDZI is part of the Water Utilities industry. There are 14 other stocks in this industry, CDZI did better than 69% of them.
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.
CDZI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 3.64. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CDZI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.44
3.75
We found 3 important support areas.
- A support zone ranging from 3.32 to 3.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.14 to 3.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.46 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.64 to 3.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.71 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 | UP | POSITIVE | The long term trend for CDZI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CDZI is up. |
| ChartMill Relative Strength | 73.51 | POSITIVE | CDZI has a high relative strength, it outperformed 73.51% off all stocks 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) | 57.07 | NEUTRAL | The RSI value for CDZI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CDZI has a negative trend. |
| Stochastics (14,3) | 64.34 | NEUTRAL | The Stochastics value for CDZI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for CDZI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.34 | POSITIVE | The high ADX value value for CDZI 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.65 | 3.31 | 0.34 (9.32%) | 10.74% |
| An entry @3.65. This is a Buy Stop order right above the resistance zone. | An exit @3.31. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.34 points, which is 9.32%. | When investing 10.74% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.54
-0.04 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg-1.12%
1 Week-4.32%
2 Weeks5.67%
1 Month13.46%
3 Month12.03%
6 Month-2.75%
12 Month17.22%
2 Year6.95%
3 Year86.32%
5 Year-64.35%
10 Year-51.24%
15 Year-65.5%
Volatility
ATR(14)0.16
ATR(20)%4.49%
ATR Inc-16.3%
Range Today0.12
ADR(20)0.16
ADR(20)%4.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.51
Mansfield-0.81
10 Day High3.72
10 Day Low3.3
20 Day High3.72
20 Day Low3.09
52 Week High5.68
52 Week Low2.13
CS1 End3.34
CR1 Start3.64
Volume & EV
DER(3)3%
DER(5)3.3%
Volume368.90K
Volume Incr-19.47%
Vol(5)383.64K
Vol(50)458.61K