CANTON STRATEGIC HOLDINGS IN (CNTN) Technical Analysis
NASDAQ:CNTN • US4327053090
Current stock price
CNTN Technical Rating and Analysis
Overall CNTN gets a technical rating of 4 out of 10. CNTN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, CNTN is a bad performer in the overall market: 100% of all stocks are doing better.
- CNTN is one of the lesser performing stocks in the Biotechnology industry. 93% of 516 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month CNTN has a been trading in the 2.98 - 3.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CNTN Weekly and Daily overview Charts
CNTN Setup Rating and Analysis
Although the technical rating is only medium, CNTN 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.
More info and screens
CNTN Support and Resistance Analysis
3.47
We found 1 important resistance area.
- Resistance @3.59 from a horizontal line in the daily time frame.
CNTN 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 | UP | POSITIVE | The long term trend for CNTN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNTN is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CNTN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNTN is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 48.88 | NEUTRAL | The RSI value for CNTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CNTN has a positive trend. |
| Stochastics (14,3) | 67.64 | NEUTRAL | The Stochastics value for CNTN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.7 | HIGH VOLATILITY | The high ATR as a percentage value for CNTN suggests high volalility. |
| Average Directional Index/ADX (14) | 34.1 | POSITIVE | The high ADX value value for CNTN suggests a strong trend. |
CNTN Chart- and CandleStick Pattern Analysis
CNTN Technicals: Chart, Performance Metrics, Trend & Indicators
3.51
+0.08 (+2.33%)
CANTON STRATEGIC HOLDINGS IN / CNTN TA FAQ
What is the ChartMill technical rating of CANTON STRATEGIC HOLDINGS IN (CNTN) stock?
ChartMill assigns a technical rating of 4 / 10 to CNTN.
What is the current trend direction of CANTON STRATEGIC HOLDINGS IN (CNTN) stock?
The current trend direction for CANTON STRATEGIC HOLDINGS IN (CNTN) is Bullish.
What is the RSI signal for CNTN stock?
CANTON STRATEGIC HOLDINGS IN (CNTN) has an RSI value of 48.8831. This indicates that the stock is currently neutral.
What is the MACD signal for CANTON STRATEGIC HOLDINGS IN (CNTN) stock?
The MACD indicator for CANTON STRATEGIC HOLDINGS IN (CNTN) has a value of 0.00098572, indicating a bearish trend.
What is the short term momentum for CNTN stock?
The short term momentum for CANTON STRATEGIC HOLDINGS IN (CNTN) is positive.