CIPHER MINING INC (CIFR) Stock Technical Analysis
NASDAQ:CIFR - US17253J1060 - Common Stock
7.64 USD
+0.62 (+8.83%)
7.7998 USD
+0.16 (+2.09%)
Overall CIFR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CIFR is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CIFR did better than 97% of all other stocks.
CIFR is part of the Software industry. There are 280 other stocks in this industry. CIFR outperforms 94% of them.
A new 52 week high is currently being made by CIFR, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month CIFR has a been trading in the 4.55 - 8.71 range, which is quite wide. It is currently trading near the high of this range.
CIFR has an average volume of 34818800 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.
Although CIFR has an excellent technical rating, it does not present a decent entry opportunity 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
4.76
7.72
We found 2 important support areas.
- A support zone ranging from 5.16 to 5.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.81 from a trend line in the daily time frame.
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 | UP | POSITIVE | The short term trend for CIFR is up. |
| ChartMill Relative Strength | 97.67 | POSITIVE | CIFR has a high relative strength, it outperformed 97.67% 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) | 72.93 | OVERBOUGHT | The high RSI value suggests CIFR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests CIFR has a positive trend. |
| Stochastics (14,3) | 84.52 | OVERBOUGHT | The high Stochastics value suggests CIFR may be overbought. |
| Average True Range in percent/ATR (20) | 6.72 | HIGH VOLATILITY | The high ATR as a percentage value for CIFR suggests high volalility. |
| Average Directional Index/ADX (14) | 30.89 | POSITIVE | The high ADX value value for CIFR suggests a strong trend. |
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)
7.64
+0.62 (+8.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg8.83%
1 Week19.75%
2 Weeks46.64%
1 Month54.97%
3 Month144.87%
6 Month87.25%
12 Month117.66%
2 Year139.5%
3 Year280.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%6.72%
ATR Inc110.87%
Range Today1.76
ADR(20)0.51
ADR(20)%6.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.67
Mansfield4.96
10 Day High8.71
10 Day Low5.29
20 Day High8.71
20 Day Low4.55
52 Week High8.71
52 Week Low1.86
CS1 End5.19
CR1 StartN/A
Volume & EV
DER(3)2.26%
DER(5)3.45%
Volume70.17M
Volume Incr53.4%
Vol(5)32.91M
Vol(50)34.82M