CNH INDUSTRIAL NV (CNH) Stock Technical Analysis
NYSE:CNH - New York Stock Exchange, Inc. - NL0010545661 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to CNH. In the last year, CNH was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that CNH is one of the better performing stocks in the market, outperforming 77% of all stocks.
CNH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CNH is lagging the market slightly.
CNH has an average volume of 20595100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CNH is an average performer in the Machinery industry, it outperforms 67% of 127 stocks in the same industry.
In the last month CNH has a been trading in the 12.34 - 14.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CNH has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 12.40, a Stop Loss order could be placed below this zone.
More info and screens
9.95
13.95
When analyzing the support we can see 4 important areas.
- A support zone ranging from 12.39 to 12.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @11.13 from a trend line in the weekly time frame.
- Support @10.66 from a horizontal line in the weekly time frame.
- Support @10.05 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.02 to 13.46. 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 13.70 to 13.81. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for CNH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CNH is neutral. |
| ChartMill Relative Strength | 77.24 | POSITIVE | CNH has a high relative strength, it outperformed 77.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CNH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CNH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.32 | NEUTRAL | The RSI value for CNH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CNH has a negative trend. |
| Stochastics (14,3) | 14.61 | OVERSOLD | The low Stochastics value suggests CNH may be oversold. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for CNH suggests some volalility. |
| Average Directional Index/ADX (14) | 13.25 | NEGATIVE | The low ADX value for CNH 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.47 | 12.74 | 0.73 (5.42%) | 18.45% |
| An entry @13.47. This is a Buy Stop order right above the resistance zone. | An exit @12.74. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.73 points, which is 5.42%. | When investing 18.45% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
12.96
-0.01 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.08%
1 Week-3.71%
2 Weeks-5.33%
1 Month1.09%
3 Month16.55%
6 Month5.62%
12 Month24.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%2.82%
ATR Inc-32.67%
Range Today0.22
ADR(20)0.35
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.24
Mansfield0.13
10 Day High14.27
10 Day Low12.75
20 Day High14.27
20 Day Low12.34
52 Week High14.27
52 Week Low9.28
CS1 End12.4
CR1 Start13.02
Volume & EV
DER(3)1.47%
DER(5)1.69%
Volume10.38M
Volume Incr-10.22%
Vol(5)21.90M
Vol(50)20.60M