CHEROKEE INC DEL NEW (CHKE) Technical Analysis
NASDAQ:CHKE • US16444H1023
Current stock price
CHKE Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CHKE. CHKE'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.
- When comparing the yearly performance of all stocks, CHKE is a bad performer in the overall market: 80% of all stocks are doing better.
- CHKE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CHKE has a been trading in the 0.50 - 0.94 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: CHKE has an average volume of 27362 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CHKE Weekly and Daily overview Charts
CHKE Setup Rating and Analysis
The technical rating of CHKE is bad and it also does not present a quality setup 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
CHKE Support and Resistance Analysis
0.51
When analyzing the resistance we notice 3 important areas.
- Resistance @0.80 from a trend line in the daily time frame.
- Resistance @0.85 from a trend line in the weekly time frame.
- Resistance @0.89 from a trend line in the weekly time frame.
CHKE 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 CHKE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHKE is down. |
| ChartMill Relative Strength | 20.03 | NEGATIVE | CHKE has a low relative strength, it was outperformed by 79.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHKE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHKE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHKE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.66 | NEUTRAL | The RSI value for CHKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CHKE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.95 | OVERSOLD | The low Stochastics value suggests CHKE may be oversold. |
| Average True Range in percent/ATR (20) | 16.89 | HIGH VOLATILITY | The high ATR as a percentage value for CHKE suggests high volalility. |
CHKE Chart- and CandleStick Pattern Analysis
CHKE Technicals: Chart, Performance Metrics, Trend & Indicators
0.5188
+0.02 (+3.57%)
CHEROKEE INC DEL NEW / CHKE TA FAQ
What is the ChartMill technical rating of CHEROKEE INC DEL NEW (CHKE) stock?
ChartMill assigns a technical rating of 0 / 10 to CHKE.
Can you provide the trend direction for CHEROKEE INC DEL NEW?
The current trend direction for CHEROKEE INC DEL NEW (CHKE) is Bearish.
What is the RSI signal for CHKE stock?
CHEROKEE INC DEL NEW (CHKE) has an RSI value of 30.6648. This indicates that the stock is currently neutral.
What is the MACD signal for CHEROKEE INC DEL NEW (CHKE) stock?
The MACD indicator for CHEROKEE INC DEL NEW (CHKE) has a value of -0.0338912, indicating a bearish trend.