NASDAQ:CIIT - Nasdaq - US88631G2057 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to CIIT. In the last year, CIIT was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, CIIT does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
1.87
When analyzing the resistance we notice one important 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 CIIT is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CIIT is down. |
ChartMill Relative Strength | 0 | NEGATIVE | CIIT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CIIT is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CIIT is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 34.26 | NEUTRAL | The RSI value for CIIT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CIIT has a negative trend. |
Stochastics (14,3) | 25.31 | NEUTRAL | The Stochastics value for CIIT is a neutral value. |
Average True Range in percent/ATR (20) | 16.73 | HIGH VOLATILITY | The high ATR as a percentage value for CIIT suggests high volalility. |
Average Directional Index/ADX (14) | 38.3 | POSITIVE | The high ADX value value for CIIT suggests a strong trend. |
1.885
-0.12 (-6.22%)