CIPHER MINING INC (CIFR) Stock Technical Analysis
USA - NASDAQ:CIFR - US17253J1060 - Common Stock
Taking everything into account, CIFR scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
CIFR has an average technical rating and it also does not offer a high 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
14.22
We found 1 important resistance area.
- A resistance zone ranging from 14.37 to 14.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for CIFR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CIFR is down. |
| ChartMill Relative Strength | 98.07 | POSITIVE | CIFR has a high relative strength, it outperformed 98.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CIFR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CIFR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CIFR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.7 | NEUTRAL | The RSI value for CIFR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.02 | NEGATIVE | The MACD value suggests CIFR has a negative trend. |
| Stochastics (14,3) | 4.45 | OVERSOLD | The low Stochastics value suggests CIFR may be oversold. |
| Average True Range in percent/ATR (20) | 18.29 | HIGH VOLATILITY | The high ATR as a percentage value for CIFR suggests high volalility. |
| Average Directional Index/ADX (14) | 25.4 | POSITIVE | The high ADX value value for CIFR suggests a strong trend. |
14.36
-0.57 (-3.82%)
CIPHER MINING INC / CIFR FAQ
What is the ChartMill technical rating of CIPHER MINING INC (CIFR) stock?
ChartMill assigns a technical rating of 6 / 10 to CIFR.
What is the trend direction for CIFR stock?
The current trend direction for CIPHER MINING INC (CIFR) is Bullish.
What is the RSI signal for CIFR stock?
CIPHER MINING INC (CIFR) has an RSI value of 38.704. This indicates that the stock is currently neutral.
What is the MACD signal for CIFR stock?
The MACD indicator for CIPHER MINING INC (CIFR) has a value of -1.01961, indicating a bearish trend.
Can you provide the support and resistance levels for CIPHER MINING INC?
CIPHER MINING INC (CIFR) has a resistance level at 14.37. Check the full technical report for our detailed analysis of CIFR support and resistance levels.