CHEER HOLDING INC-A (CHR) Stock Technical Analysis
NASDAQ:CHR - Nasdaq - KYG399732042 - Common Stock - Currency: USD
Taking everything into account, CHR scores 2 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.
95% of all other stocks performed better in the past year than CHR.
CHR is one of the lesser performing stocks in the Interactive Media & Services industry. 85% of 70 stocks in the same industry do better.
CHR 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 CHR has a been trading in the 1.15 - 2.09 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
The technical rating of CHR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.04
2.90
When analyzing the support we notice one important area.
- Support @1.05 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @1.91 from a trend line in the daily time frame.
- Resistance @2.12 from a trend line in the weekly time frame.
- Resistance @2.87 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CHR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHR is neutral. |
| ChartMill Relative Strength | 5.02 | NEGATIVE | CHR has a low relative strength, it was outperformed by 94.98% 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) | 30.3 | NEUTRAL | The RSI value for CHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CHR has a negative trend. |
| Stochastics (14,3) | 30.2 | NEUTRAL | The Stochastics value for CHR is a neutral value. |
| Average True Range in percent/ATR (20) | 13.41 | HIGH VOLATILITY | The high ATR as a percentage value for CHR suggests high volalility. |
| Average Directional Index/ADX (14) | 29.4 | POSITIVE | The high ADX value value for CHR 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)
1.17
-0.53 (-30.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-30.97%
1 Week-36.41%
2 Weeks-38.1%
1 Month-20.23%
3 Month-21.21%
6 Month-53.2%
12 Month-55.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%13.41%
ATR Inc109.63%
Range Today0.25
ADR(20)0.14
ADR(20)%11.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.02
Mansfield-4.88
10 Day High2.03
10 Day Low1.15
20 Day High2.09
20 Day Low1.15
52 Week High3.45
52 Week Low1
CS1 End1.05
CR1 Start1.91
Volume & EV
DER(3)-8.71%
DER(5)0.49%
Volume596.41K
Volume Incr90.33%
Vol(5)142.00K
Vol(50)59.27K