CANTON STRATEGIC HOLDINGS IN (CNTN) Technical Analysis
NASDAQ:CNTN • US4327053090
Current stock price
CNTN Technical Rating and Analysis
Taking everything into account, CNTN scores 2 out of 10 in our technical rating. In the last year, CNTN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 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 part of the Biotechnology industry. There are 517 other stocks in this industry, of which 93% are performing better than CNTN.
- In the last month CNTN has a been trading in the 3.15 - 5.26 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- 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!
CNTN Weekly and Daily overview Charts
CNTN Setup Rating and Analysis
The technical rating of CNTN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CNTN Support and Resistance Analysis
3.30
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.37 to 3.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for CNTN is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | CNTN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 22.3 | OVERSOLD | The low RSI value suggests CNTN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests CNTN has a negative trend. |
| Stochastics (14,3) | 5.3 | OVERSOLD | The low Stochastics value suggests CNTN may be oversold. |
| Average True Range in percent/ATR (20) | 11.78 | HIGH VOLATILITY | The high ATR as a percentage value for CNTN suggests high volalility. |
| Average Directional Index/ADX (14) | 35.17 | 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
3.33
-0.05 (-1.48%)
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 2 / 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.
Can you provide the RSI signal for CANTON STRATEGIC HOLDINGS IN?
CANTON STRATEGIC HOLDINGS IN (CNTN) has an RSI value of 22.3016. This indicates that the stock is currently oversold.
What is the short term momentum for CNTN stock?
The short term momentum for CANTON STRATEGIC HOLDINGS IN (CNTN) is neutral.