CANNAE HOLDINGS INC (CNNE) Stock Technical Analysis
USA - NYSE:CNNE - US13765N1072 - Common Stock
Overall CNNE gets a technical rating of 0 out of 10. CNNE'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.
Although the technical rating is bad, CNNE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 18.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.68, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CNNE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
17.45
We found 2 important support areas.
- A support zone ranging from 18.10 to 18.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.63 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @19.10 from a horizontal line in the weekly time frame.
- Resistance @19.54 from a horizontal line in the daily time frame.
- Resistance @21.70 from a horizontal line in the weekly time frame.
- Resistance @22.28 from a horizontal 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 CNNE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CNNE is neutral. |
| ChartMill Relative Strength | 21.57 | NEGATIVE | CNNE has a low relative strength, it was outperformed by 78.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CNNE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CNNE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNNE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.31 | NEUTRAL | The RSI value for CNNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CNNE has a positive trend. |
| Stochastics (14,3) | 40.22 | NEUTRAL | The Stochastics value for CNNE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for CNNE suggests some volalility. |
| Average Directional Index/ADX (14) | 14.61 | NEGATIVE | The low ADX value for CNNE suggests a weak or negative trend. |
NYSE:CNNE (10/21/2025, 11:23:05 AM)
18.86
+0.16 (+0.86%)