CHEK Technical Analysis - CHECK CAP LTD

Technical Rating and Analysis

Overall CHEK gets a technical rating of 8 out of 10. CHEK has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.

CHEK is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 99% of 191 stocks in the same industry.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

CHEK has an average volume of 3667930 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 CHEK is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall good ranking is mostly due to the recent strong move.

CHEK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHEK is lagging the market.

In the last month CHEK has a been trading in the 0.60 - 3.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although CHEK has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.26

2.30

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Technical Indicator Signal Analysis

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	NEUTRAL	NEUTRAL	The long term trend for CHEK is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for CHEK is up.
ChartMill Relative Strength	96.85	POSITIVE	CHEK has a high relative strength, it outperformed 96.85% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of CHEK is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of CHEK is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of CHEK is above the rising SMA(200).
Relative Strength Index/RSI (14)	76.64	OVERBOUGHT	The high RSI value suggests CHEK may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.2	POSITIVE	The MACD value suggests CHEK has a positive trend, although the MACD value is declining.
Stochastics (14,3)	69.64	NEUTRAL	The Stochastics value for CHEK is a neutral value.
Average True Range in percent/ATR (20)	12.82	HIGH VOLATILITY	The high ATR as a percentage value for CHEK suggests high volalility.
Average Directional Index/ADX (14)	55.95	POSITIVE	The high ADX value value for CHEK suggests a strong trend.