CERNER CORP (CERN) Technical Analysis
NASDAQ:CERN • US1567821046
We assign a technical rating of 8 out of 10 to CERN. Both in the recent history as in the last year, CERN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- CERN is part of the Health Care Technology industry. There are 35 other stocks in this industry. CERN outperforms 100% of them.
- CERN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CERN is leading the market.
- CERN has an average volume of 3680490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that CERN is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month CERN has a been trading in a tight range between 93.73 and 95.40.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, CERN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 94.76, 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
68.62
We found 3 important support areas.
- A support zone ranging from 93.00 to 94.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 91.12 to 91.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @69.31 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 94.97 to 94.97. 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 | UP | POSITIVE | The long term trend for CERN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CERN is up. |
| ChartMill Relative Strength | 93.89 | POSITIVE | CERN has a high relative strength, it outperformed 93.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CERN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CERN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CERN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.78 | NEUTRAL | The RSI value for CERN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CERN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.09 | NEUTRAL | The Stochastics value for CERN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.32 | LOW VOLATILITY | The low ATR as a percentage value for CERN suggests low volalility. |
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 |
|---|---|---|---|
| 94.98 | 94.13 | 0.86 (0.90%) | 25.00% |
| An entry @94.98. This is a Buy Stop order right above the resistance zone. | An exit @94.13. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.86 points, which is 0.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.23%. |
- 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.
CERN Technicals: Chart, Performance Metrics, Trend & Indicators
94.92
-0.05 (-0.05%)
CERNER CORP / CERN FAQ
Can you provide the ChartMill technical rating for CERNER CORP?
ChartMill assigns a technical rating of 7 / 10 to CERN.
What is the trend direction for CERN stock?
The current trend direction for CERNER CORP (CERN) is Bullish.
What is the RSI signal for CERNER CORP (CERN) stock?
CERNER CORP (CERN) has an RSI value of 65.7779. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CERNER CORP?
The MACD indicator for CERNER CORP (CERN) has a value of 0.0428657, indicating a bearish trend.
What are the support and resistance levels for CERNER CORP (CERN) stock?
CERNER CORP (CERN) has a support level at 94.76 and a resistance level at 94.97. Check the full technical report for our detailed analysis of CERN support and resistance levels.