CONDUENT INC (CNDT) Technical Analysis
NASDAQ:CNDT • US2067871036
Current stock price
1.2 USD
-0.01 (-0.83%)
At close:
1.24 USD
+0.04 (+3.33%)
After Hours:
CNDT Technical Rating and Analysis
Overall CNDT gets a technical rating of 0 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 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. 78% of 88 stocks in the same industry do better.
- CNDT is currently trading near the lower end of its 52 week range, which is not a good sign. 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 1.15 - 1.65 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.
- CNDT has an average volume of 1587330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CNDT Weekly and Daily overview Charts
CNDT Setup Rating and Analysis
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
CNDT Support and Resistance Analysis
1.19
2.07
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.25 to 1.26. 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 1.50 to 1.52. 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 1.56 to 1.58. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @2.05 from a horizontal line in the daily time frame.
CNDT 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 | 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 | 5.12 | NEGATIVE | CNDT has a low relative strength, it was outperformed by 94.88% 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) | 35.58 | NEUTRAL | The RSI value for CNDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CNDT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.67 | OVERSOLD | The low Stochastics value suggests CNDT may be oversold. |
| Average True Range in percent/ATR (20) | 7.79 | HIGH VOLATILITY | The high ATR as a percentage value for CNDT suggests high volalility. |
| Average Directional Index/ADX (14) | 29.69 | POSITIVE | The high ADX value value for CNDT suggests a strong trend. |
CNDT Chart- and CandleStick Pattern Analysis
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)
CNDT Technicals: Chart, Performance Metrics, Trend & Indicators
1.2
-0.01 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.83%
1 Week-6.98%
2 Weeks-13.67%
1 Month-24.53%
3 Month-41.75%
6 Month-57.75%
12 Month-60.66%
2 Year-64.5%
3 Year-65.01%
5 Year-81.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%7.79%
ATR Inc-14.98%
Range Today0.07
ADR(20)0.09
ADR(20)%7.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.12
3 months CRS6.84
6 months CRS7.06
Mansfield-4.74
10 Day High1.4
10 Day Low1.15
20 Day High1.65
20 Day Low1.15
52 Week High3.1
52 Week Low1.15
CS1 EndN/A
CR1 Start1.25
Volume & EV
DER(3)8.45%
DER(5)7.62%
Volume2.90M
Volume Incr9.95%
Vol(5)1.78M
Vol(50)1.59M
CONDUENT INC / CNDT TA FAQ
What is the technical rating for CNDT stock?
ChartMill assigns a technical rating of 0 / 10 to CNDT.
What is the trend direction for 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 35.5829. 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 -0.00983064, 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.