CIIG CAPITAL PARTNERS II-A (CIIG) Technical Analysis
NASDAQ:CIIG • US12561U1097
Current stock price
CIIG Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to CIIG. CIIG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 64% of all other stocks performed better in the past year than CIIG.
- CIIG is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CIIG is lagging the market.
- In the last month CIIG has a been trading in the 7.97 - 10.91 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CIIG Weekly and Daily overview Charts
CIIG Setup Rating and Analysis
Although the technical rating is bad, CIIG does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for CIIG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CIIG Support and Resistance Analysis
8.66
We can see 3 important resistance areas.
- A resistance zone ranging from 9.44 to 9.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.88 to 9.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.24 from a horizontal line in the daily time frame.
CIIG 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 CIIG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CIIG is neutral. |
| ChartMill Relative Strength | 36.4 | NEUTRAL | CIIG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CIIG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CIIG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CIIG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.3 | NEUTRAL | The RSI value for CIIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests CIIG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.66 | OVERSOLD | The low Stochastics value suggests CIIG may be oversold. |
| Average True Range in percent/ATR (20) | 6.99 | HIGH VOLATILITY | The high ATR as a percentage value for CIIG suggests high volalility. |
| Average Directional Index/ADX (14) | 27.35 | POSITIVE | The high ADX value value for CIIG suggests a strong trend. |
CIIG Chart- and CandleStick Pattern Analysis
CIIG Technicals: Chart, Performance Metrics, Trend & Indicators
8.75
+0.28 (+3.31%)
CIIG CAPITAL PARTNERS II-A / CIIG TA FAQ
What is the ChartMill technical rating of CIIG CAPITAL PARTNERS II-A (CIIG) stock?
ChartMill assigns a technical rating of 1 / 10 to CIIG.
What is the trend direction for CIIG stock?
The current trend direction for CIIG CAPITAL PARTNERS II-A (CIIG) is Bearish.
Can you provide the RSI signal for CIIG CAPITAL PARTNERS II-A?
CIIG CAPITAL PARTNERS II-A (CIIG) has an RSI value of 37.3021. This indicates that the stock is currently neutral.
What is the short term momentum for CIIG stock?
The short term momentum for CIIG CAPITAL PARTNERS II-A (CIIG) is neutral.
Can you provide the support and resistance levels for CIIG CAPITAL PARTNERS II-A?
CIIG CAPITAL PARTNERS II-A (CIIG) has a resistance level at 9.44. Check the full technical report for our detailed analysis of CIIG support and resistance levels.