Overall CHSN gets a technical rating of 0 out of 10. CHSN'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.
Although the technical rating is bad, CHSN 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 2.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.97, a Stop Loss order could be placed below this zone.
1.92
We found 1 important support area.
3 important resistance areas can be observed.
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 CHSN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHSN is down. |
| ChartMill Relative Strength | 5.05 | NEGATIVE | CHSN has a low relative strength, it was outperformed by 94.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHSN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHSN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHSN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.57 | NEUTRAL | The RSI value for CHSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CHSN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.15 | NEUTRAL | The Stochastics value for CHSN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.01 | HIGH VOLATILITY | The high ATR as a percentage value for CHSN suggests high volalility. |
| Average Directional Index/ADX (14) | 9.41 | NEGATIVE | The low ADX value for CHSN suggests a weak or negative trend. |
2.09
0 (0%)
ChartMill assigns a technical rating of 0 / 10 to CHSN.
The current trend direction for CHANSON INTERNATIONAL HOLD-A (CHSN) is Bearish.
CHANSON INTERNATIONAL HOLD-A (CHSN) has an RSI value of 47.57. This indicates that the stock is currently neutral.
The MACD indicator for CHANSON INTERNATIONAL HOLD-A (CHSN) has a value of -0.000704931, indicating a bearish trend.
The short term momentum for CHANSON INTERNATIONAL HOLD-A (CHSN) is negative.