CHECK CAP LTD (CHEK) Stock Technical Analysis
NASDAQ:CHEK - Nasdaq - IL0011336851 - Common Stock - Currency: USD
Taking everything into account, CHEK scores 1 out of 10 in our technical rating. CHEK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CHEK is a bad performer in the overall market: 92% of all stocks are doing better.
CHEK is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 73% of 187 stocks in the same industry do better.
CHEK 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.
In the last month CHEK has a been trading in the 0.71 - 0.86 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
CHEK has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.66
1.06
When analyzing the support we can see 3 important areas.
- Support @0.73 from a horizontal line in the daily time frame.
- Support @0.69 from a trend line in the daily time frame.
- Support @0.67 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 0.78 to 0.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.83 from a trend line in the weekly time frame.
- Resistance @0.88 from a trend line in the daily time frame.
- Resistance @0.93 from a trend line in the weekly time frame.
- Resistance @1.05 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for CHEK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHEK is down. |
| ChartMill Relative Strength | 8.21 | NEGATIVE | CHEK has a low relative strength, it was outperformed by 91.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHEK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CHEK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHEK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.83 | NEUTRAL | The RSI value for CHEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CHEK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.1 | NEUTRAL | The Stochastics value for CHEK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for CHEK suggests some volalility. |
| Average Directional Index/ADX (14) | 27.35 | POSITIVE | The high ADX value value for CHEK suggests a strong 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)
0.77
+0.04 (+5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg5%
1 Week0.26%
2 Weeks-5.06%
1 Month-7%
3 Month-2.53%
6 Month-30%
12 Month-61.69%
2 Year-73.08%
3 Year-87.54%
5 Year-93.54%
10 Year-98.9%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%4.46%
ATR Inc-3.05%
Range Today0.04
ADR(20)0.03
ADR(20)%4.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.21
Mansfield-3.8
10 Day High0.82
10 Day Low0.71
20 Day High0.86
20 Day Low0.71
52 Week High3.04
52 Week Low0.56
CS1 End0.73
CR1 Start0.78
Volume & EV
DER(3)9%
DER(5)-0.11%
Volume17.60K
Volume Incr104.95%
Vol(5)33.96K
Vol(50)84.76K