CONDUENT INC (CNDT) Stock Technical Analysis
USA - NASDAQ:CNDT - US2067871036 - Common Stock
1.78 USD
-0.44 (-19.82%)
1.8293 USD
+0.05 (+2.77%)
Overall CNDT gets a technical rating of 0 out of 10. CNDT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CNDT is a bad performer in the overall market: 95% of all stocks are doing better.
CNDT is one of the lesser performing stocks in the IT Services industry. 76% of 85 stocks in the same industry do better.
CNDT is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CNDT is lagging the market.
In the last month CNDT has a been trading in the 1.72 - 2.66 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CNDT has an average volume of 1025590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of CNDT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.76
2.66
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.46 to 2.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.62 to 2.63. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for CNDT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNDT is down. |
| ChartMill Relative Strength | 5.35 | NEGATIVE | CNDT has a low relative strength, it was outperformed by 94.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNDT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNDT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNDT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 18.61 | OVERSOLD | The low RSI value suggests CNDT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CNDT has a negative trend. |
| Stochastics (14,3) | 6.29 | OVERSOLD | The low Stochastics value suggests CNDT may be oversold. |
| Average True Range in percent/ATR (20) | 6.78 | HIGH VOLATILITY | The high ATR as a percentage value for CNDT suggests high volalility. |
| Average Directional Index/ADX (14) | 36.88 | POSITIVE | The high ADX value value for CNDT suggests a strong trend. |
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)
1.78
-0.44 (-19.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-19.82%
1 Week-25.21%
2 Weeks-31.54%
1 Month-28.23%
3 Month-28.23%
6 Month-20.89%
12 Month-56.59%
2 Year-41.45%
3 Year-55.94%
5 Year-57.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%6.78%
ATR Inc231.01%
Range Today0.28
ADR(20)0.11
ADR(20)%5.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.35
3 months CRS7.15
6 months CRS11.69
Mansfield-4.66
10 Day High2.63
10 Day Low1.72
20 Day High2.66
20 Day Low1.72
52 Week High4.9
52 Week Low1.72
CS1 EndN/A
CR1 Start2.46
Volume & EV
DER(3)-2.24%
DER(5)0.85%
Volume3.81M
Volume Incr36.78%
Vol(5)1.51M
Vol(50)1.03M
CONDUENT INC / CNDT FAQ
What is the technical rating for CNDT stock?
ChartMill assigns a technical rating of 0 / 10 to CNDT.
What is the current trend direction of CONDUENT INC (CNDT) stock?
The current trend direction for CONDUENT INC (CNDT) is Bearish.
What is the RSI signal for CONDUENT INC (CNDT) stock?
CONDUENT INC (CNDT) has an RSI value of 18.6137. This indicates that the stock is currently oversold.
Can you provide the MACD signal for CONDUENT INC?
The MACD indicator for CONDUENT INC (CNDT) has a value of -0.0489421, indicating a bearish trend.
What is the short term momentum for CONDUENT INC (CNDT) stock?
The short term momentum for CONDUENT INC (CNDT) is negative.