BLACKROCK ENHAN LRG CAP CORE (CII) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CII - US09256A1097
Taking everything into account, CII scores 7 out of 10 in our technical rating. In the last year, CII was one of the better performers, but we do observe some doubts in the very recent evolution.
Although CII has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
22.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.33 to 23.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.57 from a horizontal 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 CII is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CII is neutral. |
| ChartMill Relative Strength | 72.19 | POSITIVE | CII has a high relative strength, it outperformed 72.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CII is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CII is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CII is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.03 | NEUTRAL | The RSI value for CII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CII has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.11 | NEUTRAL | The Stochastics value for CII is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for CII suggests some volalility. |
| Average Directional Index/ADX (14) | 24.15 | NEUTRAL | The ADX value for CII suggests a possible start of a new trend. |
23.34
-2.37 (-9.22%)
BLACKROCK ENHAN LRG CAP CORE / CII FAQ
Can you provide the ChartMill technical rating for BLACKROCK ENHAN LRG CAP CORE?
ChartMill assigns a technical rating of 7 / 10 to CII.
Can you provide the trend direction for BLACKROCK ENHAN LRG CAP CORE?
The current trend direction for BLACKROCK ENHAN LRG CAP CORE (CII) is Bullish.
What is the RSI signal for CII stock?
BLACKROCK ENHAN LRG CAP CORE (CII) has an RSI value of 42.025. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for BLACKROCK ENHAN LRG CAP CORE?
BLACKROCK ENHAN LRG CAP CORE (CII) has a support level at 23.33. Check the full technical report for our detailed analysis of CII support and resistance levels.