CANTOR EQUITY PARTNERS INC (CEP) Stock Technical Analysis
NASDAQ:CEP - Nasdaq - KYG4491L1041 - Common Stock - Currency: USD
Overall CEP gets a technical rating of 6 out of 10. Although CEP is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than CEP.
In the last month CEP has a been trading in the 31.06 - 53.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
CEP has an average volume of 4308750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
CEP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for CEP 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
34.74
50.50
When analyzing the support we notice one important area.
- Support @35.09 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @43.54 from a trend line in the daily time frame.
- Resistance @50.00 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 CEP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CEP is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | CEP has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CEP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEP is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.25 | NEUTRAL | The RSI value for CEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.56 | NEGATIVE | The MACD value suggests CEP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.41 | OVERSOLD | The low Stochastics value suggests CEP may be oversold. |
| Average True Range in percent/ATR (20) | 15.48 | HIGH VOLATILITY | The high ATR as a percentage value for CEP suggests high volalility. |
| Average Directional Index/ADX (14) | 26.87 | POSITIVE | The high ADX value value for CEP 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 |
|---|---|---|---|
| 43.55 | 35.08 | 8.47 (19.45%) | 5.14% |
| An entry @43.55. This is a Buy Stop order right above the resistance zone. | An exit @35.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 8.47 points, which is 19.45%. | When investing 5.14% 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.
36.56
+1.46 (+4.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.16%
1 Week-8.62%
2 Weeks-9.35%
1 Month7.21%
3 Month253.24%
6 Month248.52%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.89
ATR(20)%15.48%
ATR Inc-36.67%
Range Today4.45
ADR(20)5.44
ADR(20)%14.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High47.8
10 Day Low34
20 Day High53
20 Day Low31.06
52 Week HighN/A
52 Week LowN/A
CS1 End35.09
CR1 Start43.54
Volume & EV
DER(3)5.38%
DER(5)1.09%
Volume603.80K
Volume Incr-60.86%
Vol(5)768.50K
Vol(50)4.31M