ZW DATA ACTION TECHNOLOGIES (CNET) Stock Technical Analysis
NASDAQ:CNET - Nasdaq - US98880R3075 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CNET. CNET'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.
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, CNET is a bad performer in the overall market: 94% of all stocks are doing better.
CNET is part of the Media industry. There are 98 other stocks in this industry, of which 77% are performing better than CNET.
CNET 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 CNET is lagging the market.
In the last month CNET has a been trading in the 1.11 - 1.88 range, which is quite wide. It is currently trading near the lows of this range.
Warning: CNET has an average volume of 18090 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days.
The technical rating of CNET 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
1.25
1.88
We can see 5 important resistance areas.
- A resistance zone ranging from 1.40 to 1.42. 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 1.49 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.55 from a trend line in the daily time frame.
- Resistance @1.68 from a horizontal line in the daily time frame.
- Resistance @1.86 from a trend line in the weekly 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 CNET is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNET is down. |
| ChartMill Relative Strength | 6.69 | NEGATIVE | CNET has a low relative strength, it was outperformed by 93.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNET is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNET is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNET is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.14 | NEUTRAL | The RSI value for CNET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CNET has a negative trend. |
| Stochastics (14,3) | 47.05 | NEUTRAL | The Stochastics value for CNET is a neutral value. |
| Average True Range in percent/ATR (20) | 8.73 | HIGH VOLATILITY | The high ATR as a percentage value for CNET suggests high volalility. |
| Average Directional Index/ADX (14) | 19.1 | NEGATIVE | The low ADX value for CNET suggests a weak or negative 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)
NASDAQ:CNET (6/6/2025, 8:00:00 PM)
1.2598
-0.06 (-4.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-4.56%
1 Week5.87%
2 Weeks-11.28%
1 Month-18.19%
3 Month-15.16%
6 Month-31.16%
12 Month-62.95%
2 Year-75.2%
3 Year-81.45%
5 Year-93.7%
10 Year-98.05%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%8.73%
ATR Inc36.72%
Range Today0.13
ADR(20)0.1
ADR(20)%8.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.69
Mansfield-4.16
10 Day High1.44
10 Day Low1.11
20 Day High1.88
20 Day Low1.11
52 Week High4.53
52 Week Low1.11
CS1 EndN/A
CR1 Start1.4
Volume & EV
DER(3)2.69%
DER(5)2.68%
Volume28.20K
Volume Incr146.94%
Vol(5)35.30K
Vol(50)18.09K