CERNER CORP (CERN) Stock Technical Analysis
NASDAQ:CERN - Nasdaq - US1567821046 - Common Stock
Taking everything into account, CERN scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CERN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
CERN is one of the better performing stocks in the Health Care Technology industry, it outperforms 85% of 36 stocks in the same industry.
CERN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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.
Looking at the yearly performance, CERN did better than 93% of all other 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.
CERN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 94.76, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
95.92
3 important support areas can be observed.
- 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. |
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 |
|---|---|---|---|
| 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 trade has a worst case loss of 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.
94.92
-0.05 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-0.05%
1 Week0.07%
2 Weeks0.87%
1 Month1.33%
3 Month1.63%
6 Month27.63%
12 Month16.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%0.32%
ATR Inc-85.38%
Range Today0.07
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.89
Mansfield1.91
10 Day High95.4
10 Day Low94.14
20 Day High95.4
20 Day Low93.73
52 Week High95.4
52 Week Low69.08
CS1 End94.76
CR1 Start94.97
Volume & EV
DER(3)1.34%
DER(5)-2.1%
Volume38.20M
Volume Incr242.79%
Vol(5)11.53M
Vol(50)3.68M