NASDAQ:CIRC - Nasdaq - US46654Q4010 - ETF - Currency: USD
Taking everything into account, CIRC scores 6 out of 10 in our technical rating. CIRC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
CIRC has an average technical rating and the quality of the presented setup is also not ideal 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.
45.14
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
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 CIRC is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CIRC is up. |
ChartMill Relative Strength | 38.5 | NEUTRAL | CIRC is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CIRC is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CIRC is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CIRC is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 67.59 | NEUTRAL | The RSI value for CIRC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CIRC has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 85.76 | OVERBOUGHT | The high Stochastics value suggests CIRC may be overbought. |
Average True Range in percent/ATR (20) | 0.45 | LOW VOLATILITY | The low ATR as a percentage value for CIRC suggests low volalility. |
Average Directional Index/ADX (14) | 31.66 | POSITIVE | The high ADX value value for CIRC suggests a strong trend. |
NASDAQ:CIRC (12/15/2023, 8:00:00 PM)
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