CINEDIGM CORP - A (CIDM) Technical Analysis
NASDAQ:CIDM • US1724062096
Current stock price
0.2945 USD
+0 (+0.86%)
At close:
0.2855 USD
-0.01 (-3.06%)
After Hours:
CIDM Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CIDM. CIDM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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, CIDM is a bad performer in the overall market: 91% of all stocks are doing better.
- CIDM is one of the lesser performing stocks in the Entertainment industry. 71% of 79 stocks in the same industry do better.
- CIDM 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 CIDM is lagging the market.
- CIDM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CIDM Weekly and Daily overview Charts
CIDM Setup Rating and Analysis
The technical rating of CIDM 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
CIDM Support and Resistance Analysis
0.29
0.62
4 important resistance areas can be observed.
- A resistance zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.50 from a trend line in the weekly time frame.
- Resistance @0.53 from a trend line in the daily time frame.
- A resistance zone ranging from 0.61 to 0.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
CIDM 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 CIDM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CIDM is down. |
| ChartMill Relative Strength | 9.63 | NEGATIVE | CIDM has a low relative strength, it was outperformed by 90.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CIDM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CIDM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CIDM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.41 | OVERSOLD | The low RSI value suggests CIDM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CIDM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.76 | OVERSOLD | The low Stochastics value suggests CIDM may be oversold. |
| Average True Range in percent/ATR (20) | 8.83 | HIGH VOLATILITY | The high ATR as a percentage value for CIDM suggests high volalility. |
| Average Directional Index/ADX (14) | 41.9 | POSITIVE | The high ADX value value for CIDM suggests a strong trend. |
CIDM Chart- and CandleStick Pattern Analysis
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)
CIDM Technicals: Chart, Performance Metrics, Trend & Indicators
0.2945
+0 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.86%
1 Week-1.83%
2 Weeks-10.08%
1 Month-26.37%
3 Month-31.19%
6 Month-37.21%
12 Month-56.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%8.83%
ATR Inc-69.23%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.63
3 months CRSN/A
6 months CRSN/A
Mansfield-4.4
10 Day High0.36
10 Day Low0.27
20 Day High0.42
20 Day Low0.27
52 Week High0.79
52 Week Low0.27
CS1 EndN/A
CR1 Start0.3
Volume & EV
DER(3)-11.6%
DER(5)-9.14%
Volume1.11M
Volume Incr-15.6%
Vol(5)685.34K
Vol(50)649.18K
CINEDIGM CORP - A / CIDM TA FAQ
Can you provide the ChartMill technical rating for CINEDIGM CORP - A?
ChartMill assigns a technical rating of 0 / 10 to CIDM.
What is the current trend direction of CINEDIGM CORP - A (CIDM) stock?
The current trend direction for CINEDIGM CORP - A (CIDM) is Bearish.
What is the RSI signal for CIDM stock?
CINEDIGM CORP - A (CIDM) has an RSI value of 28.4089. This indicates that the stock is currently oversold.
What is the short term momentum for CINEDIGM CORP - A (CIDM) stock?
The short term momentum for CINEDIGM CORP - A (CIDM) is negative.
What is the buy/sell signal for CINEDIGM CORP - A (CIDM) stock?
The buy/sell signal for CINEDIGM CORP - A (CIDM) is sell as both the short term and long term trends are negative.