CANTOR EQUITY PARTNERS INC (CEP) Stock Technical Analysis
USA - NASDAQ:CEP - KYG4491L1041 - Common Stock
19.74 USD
-1.56 (-7.32%)
19.95 USD
+0.21 (+1.06%)
We assign a technical rating of 3 out of 10 to CEP. Although CEP is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
CEP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
When comparing the yearly performance of all stocks, we notice that CEP is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by CEP over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month CEP has a been trading in the 18.00 - 23.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CEP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
10.25
22.56
We found 1 important support area.
- Support @10.35 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 21.21 to 21.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 22.34 to 22.34. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for CEP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CEP is down. |
| ChartMill Relative Strength | 87.06 | POSITIVE | CEP has a high relative strength, it outperformed 87.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CEP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CEP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CEP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.12 | NEUTRAL | The RSI value for CEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests CEP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.92 | NEUTRAL | The Stochastics value for CEP is a neutral value. |
| Average True Range in percent/ATR (20) | 7.38 | HIGH VOLATILITY | The high ATR as a percentage value for CEP suggests high volalility. |
| Average Directional Index/ADX (14) | 29.69 | 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)
19.74
-1.56 (-7.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.32%
1 Week-6.53%
2 Weeks-0.05%
1 Month-16.21%
3 Month-31.34%
6 Month84.83%
12 Month96.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.54
ATR(20)%7.38%
ATR Inc-22.94%
Range Today2.08
ADR(20)1.41
ADR(20)%7.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.06
Mansfield-0.72
10 Day High23.07
10 Day Low19.28
20 Day High23.8
20 Day Low18
52 Week High59.75
52 Week Low10.02
CS1 End10.35
CR1 Start21.21
Volume & EV
DER(3)-2.31%
DER(5)-1.35%
Volume463.00K
Volume Incr0.69%
Vol(5)257.74K
Vol(50)347.10K