CINER RESOURCES LP (CINR) Technical Analysis
NYSE:CINR
Current stock price
CINR Technical Rating and Analysis
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!
- Looking at the yearly performance, CINR did better than 95% of all other stocks.
- CINR is part of the Chemicals industry. There are 83 other stocks in this industry. CINR outperforms 91% of them.
- CINR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CINR is performing more or less in line with the market.
- 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.
CINR Weekly and Daily overview Charts
CINR Setup Rating and Analysis
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
CINR Support and Resistance Analysis
12.12
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.
CINR 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 | 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. |
CINR Chart- and CandleStick Pattern Analysis
CINR Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:CINR (2/28/2022, 8:04:28 PM)
20.31
-0.03 (-0.15%)
CINER RESOURCES LP / CINR TA FAQ
What is the technical rating for CINR stock?
ChartMill assigns a technical rating of 9 / 10 to CINR.
Can you provide the trend direction for CINER RESOURCES LP?
The current trend direction for CINER RESOURCES LP (CINR) is Bullish.
What is the RSI signal for CINER RESOURCES LP (CINR) stock?
CINER RESOURCES LP (CINR) has an RSI value of 54.4587. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CINER RESOURCES LP?
The MACD indicator for CINER RESOURCES LP (CINR) has a value of -0.267131, indicating a bearish trend.
What is the short term momentum for CINR stock?
The short term momentum for CINER RESOURCES LP (CINR) is positive.