NASDAQ:CNXC - Nasdaq - US20602D1019 - Common Stock - Currency: USD
Taking everything into account, CNXC scores 7 out of 10 in our technical rating. Although CNXC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although CNXC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.
48.96
2 important support areas can be observed.
2 important resistance areas can be observed.
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 CNXC is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CNXC is neutral. |
ChartMill Relative Strength | 43.84 | NEUTRAL | CNXC is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNXC is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNXC is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNXC is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 53.93 | NEUTRAL | The RSI value for CNXC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CNXC has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 51.8 | NEUTRAL | The Stochastics value for CNXC is a neutral value. |
Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for CNXC suggests some volalility. |
Average Directional Index/ADX (14) | 14.67 | NEGATIVE | The low ADX value for CNXC suggests a weak or negative trend. |
57.53
+1.56 (+2.79%)