CADIZ INC - CDZI 8 7/8 PERP (CDZIP) Stock Technical Analysis
NASDAQ:CDZIP - Nasdaq - US1275373066 - Currency: USD
Taking everything into account, CDZIP scores 3 out of 10 in our technical rating. CDZIP 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.
Warning: CDZIP has an average volume of 7970 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CDZIP is part of the Water Utilities industry. There are 14 other stocks in this industry. CDZIP outperforms 84% of them.
In the last month CDZIP has a been trading in the 16.50 - 17.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, CDZIP turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
CDZIP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CDZIP is lagging the market.
CDZIP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 17.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.07, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
15.92
19.62
When analyzing the support we can see 3 important areas.
- A support zone ranging from 16.73 to 17.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.45 from a horizontal line in the daily time frame.
- Support @16.08 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 17.16 to 17.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.90 from a horizontal line in the weekly time frame.
- Resistance @19.43 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 | NEUTRAL | NEUTRAL | The long term trend for CDZIP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CDZIP is neutral. |
| ChartMill Relative Strength | 42.55 | NEUTRAL | CDZIP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CDZIP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CDZIP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CDZIP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.23 | NEUTRAL | The RSI value for CDZIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CDZIP has a negative trend. |
| Stochastics (14,3) | 33.74 | NEUTRAL | The Stochastics value for CDZIP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for CDZIP suggests low volalility. |
| Average Directional Index/ADX (14) | 17.52 | NEGATIVE | The low ADX value for CDZIP suggests a weak or negative 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)
17.12
-0.16 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg-0.93%
1 Week0.18%
2 Weeks-0.09%
1 Month3.51%
3 Month-0.75%
6 Month-6.96%
12 Month6.67%
2 Year3.76%
3 Year2.23%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%1.69%
ATR Inc17.17%
Range Today0.13
ADR(20)0.26
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.55
Mansfield-0.65
10 Day High17.39
10 Day Low16.9
20 Day High17.95
20 Day Low16.5
52 Week High19.79
52 Week Low14.16
CS1 End17.07
CR1 Start17.16
Volume & EV
DER(3)-15.53%
DER(5)-8.58%
Volume1.60K
Volume Incr58.02%
Vol(5)9.60K
Vol(50)7.97K