CANTOR EQUITY PARTNERS I-A (CEPO) Stock Technical Analysis
NASDAQ:CEPO • KYG1827K1076
We assign a technical rating of 3 out of 10 to CEPO. CEPO has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- CEPO 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.
- 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!
- When comparing the performance of all stocks over the past year, CEPO turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- In the last month CEPO has a been trading in a tight range between 10.39 and 10.50.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CEPO 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 10.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.45, 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
10.22
We found 1 important support area.
- A support zone ranging from 10.32 to 10.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.45 to 10.59. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for CEPO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CEPO is neutral. |
| ChartMill Relative Strength | 45.91 | NEUTRAL | CEPO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CEPO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CEPO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CEPO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.82 | NEUTRAL | The RSI value for CEPO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CEPO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.39 | NEUTRAL | The Stochastics value for CEPO is a neutral value. |
| Average True Range in percent/ATR (20) | 0.28 | LOW VOLATILITY | The low ATR as a percentage value for CEPO suggests low volalility. |
| Average Directional Index/ADX (14) | 42.66 | POSITIVE | The high ADX value value for CEPO suggests a strong trend. |
10.45
-0.01 (-0.06%)
CANTOR EQUITY PARTNERS I-A / CEPO FAQ
What is the ChartMill technical rating of CANTOR EQUITY PARTNERS I-A (CEPO) stock?
ChartMill assigns a technical rating of 3 / 10 to CEPO.
What is the current trend direction of CANTOR EQUITY PARTNERS I-A (CEPO) stock?
The current trend direction for CANTOR EQUITY PARTNERS I-A (CEPO) is Bullish.
What is the RSI signal for CANTOR EQUITY PARTNERS I-A (CEPO) stock?
CANTOR EQUITY PARTNERS I-A (CEPO) has an RSI value of 50.8161. This indicates that the stock is currently neutral.
What is the MACD signal for CANTOR EQUITY PARTNERS I-A (CEPO) stock?
The MACD indicator for CANTOR EQUITY PARTNERS I-A (CEPO) has a value of 0.00212813, indicating a bearish trend.