USA - NASDAQ:CIFR - US17253J1060 - Common Stock
Taking everything into account, CIFR scores 7 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.
Besides having an excellent technical rating, CIFR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
15.95
We found 1 important support area.
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 | NEUTRAL | NEUTRAL | The short term trend for CIFR is neutral. |
| ChartMill Relative Strength | 98.83 | POSITIVE | CIFR has a high relative strength, it outperformed 98.83% 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 | 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) | 49.54 | NEUTRAL | The RSI value for CIFR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests CIFR has a negative trend. |
| Stochastics (14,3) | 42.03 | NEUTRAL | The Stochastics value for CIFR is a neutral value. |
| Average True Range in percent/ATR (20) | 14.13 | HIGH VOLATILITY | The high ATR as a percentage value for CIFR suggests high volalility. |
| Average Directional Index/ADX (14) | 29.07 | POSITIVE | The high ADX value value for CIFR suggests a strong trend. |
18.67
-0.98 (-4.99%)
ChartMill assigns a technical rating of 7 / 10 to CIFR.
The current trend direction for CIPHER MINING INC (CIFR) is Bullish.
CIPHER MINING INC (CIFR) has an RSI value of 49.5444. This indicates that the stock is currently neutral.
The MACD indicator for CIPHER MINING INC (CIFR) has a value of -0.403844, indicating a bearish trend.
CIPHER MINING INC (CIFR) has a support level at 16.11. Check the full technical report for our detailed analysis of CIFR support and resistance levels.