CHEER HOLDING INC-A (CHR) Technical Analysis
NASDAQ:CHR • KYG399731218
Current stock price
CHR Technical Rating and Analysis
Taking everything into account, CHR scores 0 out of 10 in our technical rating. CHR'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, CHR is a bad performer in the overall market: 99% of all stocks are doing better.
- CHR is one of the lesser performing stocks in the Interactive Media & Services industry. 88% of 69 stocks in the same industry do better.
- CHR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CHR is lagging the market.
- In the last month CHR has a been trading in the 2.19 - 3.30 range, which is quite wide. It is currently trading near the lows of this range.
CHR Weekly and Daily overview Charts
CHR Setup Rating and Analysis
The technical rating of CHR 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
CHR Support and Resistance Analysis
2.32
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.64 to 2.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @3.26 from a trend line in the daily time frame.
CHR 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 | DOWN | NEGATIVE | The long term trend for CHR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHR is down. |
| ChartMill Relative Strength | 1.46 | NEGATIVE | CHR has a low relative strength, it was outperformed by 98.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.9 | OVERSOLD | The low RSI value suggests CHR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CHR has a positive trend. |
| Stochastics (14,3) | 17.54 | OVERSOLD | The low Stochastics value suggests CHR may be oversold. |
| Average True Range in percent/ATR (20) | 10.94 | HIGH VOLATILITY | The high ATR as a percentage value for CHR suggests high volalility. |
| Average Directional Index/ADX (14) | 33.55 | POSITIVE | The high ADX value value for CHR suggests a strong trend. |
CHR Chart- and CandleStick Pattern Analysis
CHR Technicals: Chart, Performance Metrics, Trend & Indicators
2.34
0 (0%)
CHEER HOLDING INC-A / CHR TA FAQ
What is the technical rating for CHR stock?
ChartMill assigns a technical rating of 0 / 10 to CHR.
Can you provide the trend direction for CHEER HOLDING INC-A?
The current trend direction for CHEER HOLDING INC-A (CHR) is Bearish.
What is the RSI signal for CHR stock?
CHEER HOLDING INC-A (CHR) has an RSI value of 27.9041. This indicates that the stock is currently oversold.
What is the MACD signal for CHEER HOLDING INC-A (CHR) stock?
The MACD indicator for CHEER HOLDING INC-A (CHR) has a value of 0.01382, indicating a bearish trend.
What is the buy/sell signal for CHR stock?
The buy/sell signal for CHEER HOLDING INC-A (CHR) is sell as both the short term and long term trends are negative.