CANNAE HOLDINGS INC (CNNE)

US13765N1072 - Common Stock

20.08  +0.35 (+1.77%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to CNNE. CNNE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames 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 performance of all stocks over the past year, CNNE turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
CNNE is part of the Financial Services industry. There are 102 other stocks in this industry, CNNE did better than 40% of them.
CNNE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CNNE is lagging the market slightly.
In the last month CNNE has a been trading in the 19.22 - 21.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CNNE Weekly chart
CNNE Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, CNNE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 19.61, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

19.22

22.75

When analyzing the support we notice one important area.

  • A support zone ranging from 19.41 to 20.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 22.01 to 22.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.76
Mansfield-0.88
10 Day High20.28
10 Day Low19.32
20 Day High21.31
20 Day Low19.22
52 Week High22.99
52 Week Low15.93
Performance
1 Week-0.4%
2 Weeks0.92%
1 Month-3.85%
3 Month-4.96%
6 Month11.03%
12 Month8.65%
2 Year-2.66%
3 Year-44.97%
5 Year-22.41%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)40.66
LBB19.26
UBB20.25
CNNE Daily chart

CANNAE HOLDINGS INC

NYSE:CNNE (5/3/2024, 10:34:53 AM)

20.08

+0.35 (+1.77%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.77%
1 Week-0.4%
2 Weeks0.92%
1 Month-3.85%
3 Month-4.96%
6 Month11.03%
12 Month8.65%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.42
ATR(20)%2.46%
ATR Inc
Range Today0.26
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.28
10 Day Low19.32
20 Day High21.31
20 Day Low19.22
52 Week High22.99
52 Week Low15.93
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume62.98K
Volume Incr-45.41%
Vol(5)478.94K
Vol(50)862.21K