Taking everything into account, CHSN scores 0 out of 10 in our technical rating. 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. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CHSN in the last couple of days, which is a good sign.
1.94
2 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
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 | 3.88 | NEGATIVE | CHSN has a low relative strength, it was outperformed by 96.12% 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) | 43.11 | NEUTRAL | The RSI value for CHSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CHSN has a negative trend. |
| Stochastics (14,3) | 22.82 | NEUTRAL | The Stochastics value for CHSN is a neutral value. |
| Average True Range in percent/ATR (20) | 11.44 | HIGH VOLATILITY | The high ATR as a percentage value for CHSN suggests high volalility. |
| Average Directional Index/ADX (14) | 19.94 | NEGATIVE | The low ADX value for CHSN suggests a weak or negative trend. |
2.09
-0.12 (-5.43%)
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 43.1141. This indicates that the stock is currently neutral.
The MACD indicator for CHANSON INTERNATIONAL HOLD-A (CHSN) has a value of -0.0125824, indicating a bearish trend.
The short term momentum for CHANSON INTERNATIONAL HOLD-A (CHSN) is negative.