CHECKPOINT SYS INC (CKP) Technical Analysis
NYSE:CKP • US1628251035
Current stock price
CKP Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to CKP. In the last year, CKP was one of the better performers, but we do observe some doubts in the very recent evolution.
- Both the short term and long term trends are positive. This is a very positive sign.
- CKP 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 CKP is lagging the market slightly.
- CKP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, CKP did better than 87% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month CKP has a been trading in a tight range between 10.10 and 10.30.
CKP Weekly and Daily overview Charts
CKP Setup Rating and Analysis
Besides having an excellent technical rating, CKP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.14, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CKP Support and Resistance Analysis
10.00
We found 1 important support area.
- A support zone ranging from 10.10 to 10.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.14 to 10.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CKP 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 CKP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CKP is up. |
| ChartMill Relative Strength | 87.47 | POSITIVE | CKP has a high relative strength, it outperformed 87.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CKP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CKP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CKP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.88 | NEUTRAL | The RSI value for CKP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CKP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.11 | NEUTRAL | The Stochastics value for CKP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for CKP suggests low volalility. |
CKP Chart- and CandleStick Pattern Analysis
CKP Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.18 | 10.11 | 0.07 (0.69%) | 25.00% |
| An entry @10.18. This is a Buy Stop order right above the 10 day high. | An exit @10.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 0.69%. | For a 0.17% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CKP Technicals: Chart, Performance Metrics, Trend & Indicators
10.14
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CHECKPOINT SYS INC / CKP TA FAQ
What is the technical rating for CKP stock?
ChartMill assigns a technical rating of 6 / 10 to CKP.
What is the current trend direction of CHECKPOINT SYS INC (CKP) stock?
The current trend direction for CHECKPOINT SYS INC (CKP) is Bullish.
Can you provide the RSI signal for CHECKPOINT SYS INC?
CHECKPOINT SYS INC (CKP) has an RSI value of 58.8791. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CHECKPOINT SYS INC?
The MACD indicator for CHECKPOINT SYS INC (CKP) has a value of -0.0264278, indicating a bearish trend.
What are the support and resistance levels for CHECKPOINT SYS INC (CKP) stock?
CHECKPOINT SYS INC (CKP) has a support level at 10.14 and a resistance level at 10.14. Check the full technical report for our detailed analysis of CKP support and resistance levels.