CANTOR EQUITY PARTNERS INC (CEP) Stock Technical Analysis
NASDAQ:CEP - KYG4491L1041 - Common Stock
19.44 USD
-2.05 (-9.54%)
19.68 USD
+0.24 (+1.23%)
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.
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.
In the last month CEP has a been trading in the 18.50 - 31.20 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 neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, CEP did better than 80% of all other stocks. On top of that, CEP also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
The technical rating of CEP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.25
24.97
We found 1 important support area.
- Support @10.35 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @24.72 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 | NEUTRAL | NEUTRAL | The long term trend for CEP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CEP is down. |
| ChartMill Relative Strength | 80.01 | POSITIVE | CEP has a high relative strength, it outperformed 80.01% 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) | 27.92 | OVERSOLD | The low RSI value suggests CEP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests CEP has a negative trend. |
| Stochastics (14,3) | 5.37 | OVERSOLD | The low Stochastics value suggests CEP may be oversold. |
| Average True Range in percent/ATR (20) | 9.16 | HIGH VOLATILITY | The high ATR as a percentage value for CEP suggests high volalility. |
| Average Directional Index/ADX (14) | 23.33 | NEUTRAL | The ADX value for CEP suggests a possible start of a new 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)
19.44
-2.05 (-9.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-9.54%
1 Week-16.21%
2 Weeks-22.36%
1 Month-28.42%
3 Month-51.41%
6 Month88.55%
12 Month94.21%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.64
ATR(20)%9.16%
ATR Inc56.16%
Range Today3.36
ADR(20)1.63
ADR(20)%8.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.01
Mansfield-0.45
10 Day High25.97
10 Day Low18.5
20 Day High31.2
20 Day Low18.5
52 Week High59.75
52 Week Low10
CS1 End10.35
CR1 Start24.72
Volume & EV
DER(3)-6.92%
DER(5)-6.31%
Volume609.67K
Volume Incr-0.33%
Vol(5)296.39K
Vol(50)507.84K