CHAGEE HOLDINGS LTD-ADR (CHA) Stock Technical Analysis
USA - NASDAQ:CHA - US15743P1049 - ADR
Overall CHA gets a technical rating of 1 out of 10. CHA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CHA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.35. Right above this resistance zone may be a good entry point.
More info and screens
15.70
We found 1 important support area.
- A support zone ranging from 15.86 to 15.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.35 to 17.55. 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 CHA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | CHA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.04 | NEUTRAL | The RSI value for CHA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests CHA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.76 | OVERBOUGHT | The high Stochastics value suggests CHA may be overbought. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for CHA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.66 | NEUTRAL | The ADX value for CHA suggests a possible start of a new trend. |
17.34
-0.21 (-1.2%)
CHAGEE HOLDINGS LTD-ADR / CHA FAQ
What is the ChartMill technical rating of CHAGEE HOLDINGS LTD-ADR (CHA) stock?
ChartMill assigns a technical rating of 1 / 10 to CHA.
What is the trend direction for CHA stock?
The current trend direction for CHAGEE HOLDINGS LTD-ADR (CHA) is Bearish.
What is the RSI signal for CHAGEE HOLDINGS LTD-ADR (CHA) stock?
CHAGEE HOLDINGS LTD-ADR (CHA) has an RSI value of 52.0446. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CHAGEE HOLDINGS LTD-ADR?
The MACD indicator for CHAGEE HOLDINGS LTD-ADR (CHA) has a value of 0.259817, indicating a bearish trend.
What is the short term momentum for CHA stock?
The short term momentum for CHAGEE HOLDINGS LTD-ADR (CHA) is neutral.