Taking everything into account, CHOW scores 4 out of 10 in our technical rating. CHOW has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, CHOW 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 9.77. Right above this resistance zone may be a good entry point.
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7.61
When analyzing the support we can see 3 important areas.
- Support @8.79 from a trend line in the daily time frame.
- A support zone ranging from 8.49 to 8.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.69 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.77 to 9.91. 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 CHOW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHOW is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CHOW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CHOW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHOW is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 53.98 | NEUTRAL | The RSI value for CHOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests CHOW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.22 | NEUTRAL | The Stochastics value for CHOW is a neutral value. |
| Average True Range in percent/ATR (20) | 10.89 | HIGH VOLATILITY | The high ATR as a percentage value for CHOW suggests high volalility. |
| Average Directional Index/ADX (14) | 21.18 | NEUTRAL | The ADX value for CHOW suggests a possible start of a new trend. |
9.39
+0.38 (+4.22%)
CHOWCHOW CLOUD INTERNATIONAL / CHOW FAQ
Can you provide the ChartMill technical rating for CHOWCHOW CLOUD INTERNATIONAL?
ChartMill assigns a technical rating of 4 / 10 to CHOW.
What is the trend direction for CHOW stock?
The current trend direction for CHOWCHOW CLOUD INTERNATIONAL (CHOW) is Bullish.
Can you provide the RSI signal for CHOWCHOW CLOUD INTERNATIONAL?
CHOWCHOW CLOUD INTERNATIONAL (CHOW) has an RSI value of 53.9793. This indicates that the stock is currently neutral.
What is the MACD signal for CHOW stock?
The MACD indicator for CHOWCHOW CLOUD INTERNATIONAL (CHOW) has a value of -0.157499, indicating a bearish trend.
What is the short term momentum for CHOWCHOW CLOUD INTERNATIONAL (CHOW) stock?
The short term momentum for CHOWCHOW CLOUD INTERNATIONAL (CHOW) is positive.