CINER RESOURCES LP (CINR) Stock Technical Analysis
NYSE:CINR - New York Stock Exchange, Inc. -
We assign a technical rating of 10 out of 10 to CINR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CINR is showing a nice and steady performance.
Warning: CINR has an average volume of 19897 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CINR is one of the better performing stocks in the market, outperforming 95% of all stocks.
CINR is one of the better performing stocks in the Chemicals industry, it outperforms 94% of 85 stocks in the same industry.
CINR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CINR is lagging the market slightly.
In the last month CINR has a been trading in the 19.34 - 22.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CINR has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.12
22.37
We found 6 important support areas.
- Support @19.65 from a horizontal line in the daily time frame.
- Support @17.55 from a trend line in the weekly time frame.
- Support @16.93 from a trend line in the daily time frame.
- Support @16.17 from a horizontal line in the daily time frame.
- Support @13.78 from a trend line in the weekly time frame.
- Support @12.24 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 20.55 to 20.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @22.15 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 CINR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CINR is up. |
| ChartMill Relative Strength | 95.31 | POSITIVE | CINR has a high relative strength, it outperformed 95.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CINR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CINR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CINR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.46 | NEUTRAL | The RSI value for CINR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests CINR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.7 | NEUTRAL | The Stochastics value for CINR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for CINR suggests some volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:CINR (2/28/2022, 8:04:28 PM)
20.31
-0.03 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.15%
1 Week-0.68%
2 Weeks-6.08%
1 Month6.61%
3 Month16.93%
6 Month63.66%
12 Month46.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%4.89%
ATR Inc11.98%
Range Today0.98
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.31
Mansfield3.31
10 Day High21.82
10 Day Low19.51
20 Day High22.75
20 Day Low19.34
52 Week High22.75
52 Week Low12.1
CS1 End19.65
CR1 Start20.55
Volume & EV
DER(3)-3.6%
DER(5)-5.27%
Volume22.40K
Volume Incr-26.11%
Vol(5)24.80K
Vol(50)19.90K