CONDUENT INC (CNDT) Stock Technical Analysis
USA - NASDAQ:CNDT - US2067871036 - Common Stock
Taking everything into account, CNDT scores 0 out of 10 in our technical rating. CNDT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of CNDT is bad and it also does not present a 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
2.26
We can see 2 important resistance areas.
- A resistance zone ranging from 2.46 to 2.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.61 to 2.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 10.17 | NEGATIVE | CNDT has a low relative strength, it was outperformed by 89.83% 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) | 31.61 | NEUTRAL | The RSI value for CNDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CNDT has a negative trend. |
| Stochastics (14,3) | 12.28 | OVERSOLD | The low Stochastics value suggests CNDT may be oversold. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for CNDT suggests some volalility. |
| Average Directional Index/ADX (14) | 31.76 | POSITIVE | The high ADX value value for CNDT suggests a strong trend. |
2.28
-0.08 (-3.39%)
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 31.6116. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CONDUENT INC?
The MACD indicator for CONDUENT INC (CNDT) has a value of -0.0170033, 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.