COINCHECK GROUP NV (CNCK) Stock Technical Analysis
NASDAQ:CNCK - Nasdaq - NL0015002BV9 - Common Stock - Currency: USD
Overall CNCK gets a technical rating of 2 out of 10. CNCK performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
CNCK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for CNCK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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5.93
When analyzing the support we notice one important area.
- Support @5.99 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @8.75 from a trend 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 CNCK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CNCK is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | CNCK has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNCK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNCK is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 45.57 | NEUTRAL | The RSI value for CNCK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests CNCK has a negative trend. |
| Stochastics (14,3) | 24.48 | NEUTRAL | The Stochastics value for CNCK is a neutral value. |
| Average True Range in percent/ATR (20) | 13.34 | HIGH VOLATILITY | The high ATR as a percentage value for CNCK suggests high volalility. |
| Average Directional Index/ADX (14) | 23.26 | NEUTRAL | The ADX value for CNCK suggests a possible start of a new trend. |
6.2
-0.31 (-4.76%)