CHEER HOLDING INC-A (CHR) Stock Technical Analysis
NASDAQ:CHR - KYG399732042 - Common Stock
1.19 USD
+0.05 (+4.39%)
1.18 USD
-0.01 (-0.84%)
Overall CHR gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CHR is a bad performer in the overall market: 95% of all stocks are doing better.
CHR is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, of which 85% are performing better than CHR.
CHR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CHR has a been trading in the 1.08 - 1.88 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
CHR has a poor technical rating and the quality of the setup is also not perfect 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
1.04
2.90
We found 2 important support areas.
- A support zone ranging from 1.11 to 1.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.05 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.20 to 1.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.71 from a trend line in the weekly time frame.
- Resistance @1.81 from a trend line in the daily time frame.
- Resistance @2.05 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 | 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 | 5.66 | NEGATIVE | CHR has a low relative strength, it was outperformed by 94.34% 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) | 40.13 | NEUTRAL | The RSI value for CHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CHR has a positive trend. |
| Stochastics (14,3) | 41.04 | NEUTRAL | The Stochastics value for CHR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.98 | HIGH VOLATILITY | The high ATR as a percentage value for CHR suggests high volalility. |
| Average Directional Index/ADX (14) | 25.24 | 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)
1.19
+0.05 (+4.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg4.39%
1 Week0.85%
2 Weeks7.21%
1 Month-35.33%
3 Month-18.49%
6 Month-38.97%
12 Month-49.91%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%7.98%
ATR Inc-21.46%
Range Today0.09
ADR(20)0.08
ADR(20)%6.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.66
Mansfield-4.63
10 Day High1.25
10 Day Low1.08
20 Day High1.88
20 Day Low1.08
52 Week High3.45
52 Week Low1
CS1 End1.12
CR1 Start1.2
Volume & EV
DER(3)0.31%
DER(5)2.11%
Volume48.20K
Volume Incr-59.89%
Vol(5)35.06K
Vol(50)69.24K