We assign a technical rating of 1 out of 10 to CELUW. CELUW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CELUW is a bad performer in the overall market: 95% of all stocks are doing better.
- CELUW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Warning: CELUW has an average volume of 11432 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month CELUW has a been trading in the 0.01 - 0.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CELUW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.02. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CELUW 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
0.02
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.03 from a trend 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 CELUW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CELUW is down. |
| ChartMill Relative Strength | 5.15 | NEGATIVE | CELUW has a low relative strength, it was outperformed by 94.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CELUW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CELUW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CELUW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.31 | NEUTRAL | The RSI value for CELUW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CELUW has a positive trend. |
| Stochastics (14,3) | 57.24 | NEUTRAL | The Stochastics value for CELUW is a neutral value. |
| Average True Range in percent/ATR (20) | 21.43 | HIGH VOLATILITY | The high ATR as a percentage value for CELUW suggests high volalility. |
| Average Directional Index/ADX (14) | 31.45 | POSITIVE | The high ADX value value for CELUW suggests a strong trend. |
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GX ACQUISITION CORP -CW26 / CELUW FAQ
What is the technical rating for CELUW stock?
ChartMill assigns a technical rating of 1 / 10 to CELUW.
Can you provide the trend direction for GX ACQUISITION CORP -CW26?
The current trend direction for GX ACQUISITION CORP -CW26 (CELUW) is Bearish.
Can you provide the RSI signal for GX ACQUISITION CORP -CW26?
GX ACQUISITION CORP -CW26 (CELUW) has an RSI value of 50.3133. This indicates that the stock is currently neutral.
What is the MACD signal for CELUW stock?
The MACD indicator for GX ACQUISITION CORP -CW26 (CELUW) has a value of 0.000195421, indicating a bearish trend.
Can you provide the support and resistance levels for GX ACQUISITION CORP -CW26?
GX ACQUISITION CORP -CW26 (CELUW) has a resistance level at 0.02. Check the full technical report for our detailed analysis of CELUW support and resistance levels.