CREDIT SUISSE ASSET MGMT INC (CIK) Stock Technical Analysis
NYSEARCA:CIK • US2249161066
We assign a technical rating of 0 out of 10 to CIK. CIK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CIK is a bad performer in the overall market: 71% of all stocks are doing better.
- CIK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CIK is lagging the market.
- In the last month CIK has a been trading in a tight range between 2.78 and 2.85.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, CIK does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.78, a Stop Loss order could be placed below this zone.
More info and screens
2.66
When analyzing the support we can see 2 important areas.
- Strong support @2.78 from a horizontal line in the daily time frame.
- A support zone ranging from 2.69 to 2.70. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.81 to 2.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.88 to 2.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 2.99 to 3.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for CIK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CIK is down. |
| ChartMill Relative Strength | 29.21 | NEGATIVE | CIK has a low relative strength, it was outperformed by 70.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CIK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CIK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CIK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.58 | NEUTRAL | The RSI value for CIK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CIK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.46 | OVERSOLD | The low Stochastics value suggests CIK may be oversold. |
| Average True Range in percent/ATR (20) | 0.8 | LOW VOLATILITY | The low ATR as a percentage value for CIK suggests low volalility. |
| Average Directional Index/ADX (14) | 28.58 | POSITIVE | The high ADX value value for CIK suggests a strong trend. |
2.805
+0.03 (+0.9%)
CREDIT SUISSE ASSET MGMT INC / CIK FAQ
What is the ChartMill technical rating of CREDIT SUISSE ASSET MGMT INC (CIK) stock?
ChartMill assigns a technical rating of 0 / 10 to CIK.
What is the current trend direction of CREDIT SUISSE ASSET MGMT INC (CIK) stock?
The current trend direction for CREDIT SUISSE ASSET MGMT INC (CIK) is Bearish.
Can you provide the RSI signal for CREDIT SUISSE ASSET MGMT INC?
CREDIT SUISSE ASSET MGMT INC (CIK) has an RSI value of 43.5765. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CREDIT SUISSE ASSET MGMT INC?
The MACD indicator for CREDIT SUISSE ASSET MGMT INC (CIK) has a value of -0.00377201, indicating a bearish trend.
What is the short term momentum for CREDIT SUISSE ASSET MGMT INC (CIK) stock?
The short term momentum for CREDIT SUISSE ASSET MGMT INC (CIK) is negative.