CIPHER DIGITAL INC (CIFR) Technical Analysis
NASDAQ:CIFR • US17253J1060
Current stock price
18.45 USD
+0.69 (+3.89%)
At close:
18.22 USD
-0.23 (-1.25%)
Pre-Market:
CIFR Technical Rating and Analysis
Overall CIFR gets a technical rating of 9 out of 10. CIFR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Looking at the yearly performance, CIFR did better than 99% of all other stocks. On top of that, CIFR also shows a nice and consistent pattern of rising prices.
- CIFR is one of the better performing stocks in the Software industry, it outperforms 98% of 271 stocks in the same industry.
- CIFR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CIFR is lagging the market slightly.
- In the last month CIFR has a been trading in the 11.72 - 19.32 range, which is quite wide. It is currently trading near the high of this range.
- CIFR has an average volume of 27926200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CIFR Weekly and Daily overview Charts
CIFR Setup Rating and Analysis
Although CIFR has an excellent technical rating, it 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
CIFR Support and Resistance Analysis
11.94
20.90
We found 2 important support areas.
- Support @12.48 from a trend line in the daily time frame.
- Support @12.06 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @20.69 from a horizontal line in the weekly time frame.
CIFR 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 | NEUTRAL | NEUTRAL | The long term trend for CIFR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CIFR is up. |
| ChartMill Relative Strength | 99.25 | POSITIVE | CIFR has a high relative strength, it outperformed 99.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CIFR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CIFR is above 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) | 67.3 | NEUTRAL | The RSI value for CIFR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests CIFR has a positive trend. |
| Stochastics (14,3) | 91.39 | OVERBOUGHT | The high Stochastics value suggests CIFR may be overbought. |
| Average True Range in percent/ATR (20) | 6.98 | HIGH VOLATILITY | The high ATR as a percentage value for CIFR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.19 | NEGATIVE | The low ADX value for CIFR suggests a weak or negative trend. |
CIFR 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)
CIFR Technicals: Chart, Performance Metrics, Trend & Indicators
18.45
+0.69 (+3.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg3.89%
1 Week31.69%
2 Weeks53.56%
1 Month21.86%
3 Month-1.86%
6 Month-1.65%
12 Month678.48%
2 Year395.97%
3 Year698.7%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%6.98%
ATR Inc31.13%
Range Today1.13
ADR(20)1.19
ADR(20)%6.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.25
3 months CRS39.54
6 months CRS38.6
Mansfield5.13
10 Day High19.33
10 Day Low11.72
20 Day High19.33
20 Day Low11.72
52 Week High25.52
52 Week Low2.32
CS1 End12.48
CR1 Start20.69
Volume & EV
DER(3)2.99%
DER(5)2.25%
Volume29.27M
Volume Incr20.7%
Vol(5)28.88M
Vol(50)27.93M
CIPHER DIGITAL INC / CIFR TA FAQ
What is the ChartMill technical rating of CIPHER DIGITAL INC (CIFR) stock?
ChartMill assigns a technical rating of 9 / 10 to CIFR.
What is the current trend direction of CIPHER DIGITAL INC (CIFR) stock?
The current trend direction for CIPHER DIGITAL INC (CIFR) is Bearish.
What is the RSI signal for CIPHER DIGITAL INC (CIFR) stock?
CIPHER DIGITAL INC (CIFR) has an RSI value of 67.2962. This indicates that the stock is currently neutral.
What is the MACD signal for CIPHER DIGITAL INC (CIFR) stock?
The MACD indicator for CIPHER DIGITAL INC (CIFR) has a value of 0.590682, indicating a bearish trend.