CONCENTRIX CORP (CNXC) Technical Analysis
NASDAQ:CNXC • US20602D1019
Current stock price
27.86 USD
+1.74 (+6.66%)
At close:
27.86 USD
0 (0%)
After Hours:
CNXC Technical Rating and Analysis
Taking everything into account, CNXC scores 0 out of 10 in our technical rating. CNXC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 93% of all other stocks performed better in the past year than CNXC.
- CNXC is part of the IT Services industry. There are 88 other stocks in this industry, of which 66% are performing better than CNXC.
- CNXC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month CNXC has a been trading in the 24.27 - 33.99 range, which is quite wide. It is currently trading near the lows of this range.
- CNXC has an average volume of 1666050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CNXC Weekly and Daily overview Charts
CNXC Setup Rating and Analysis
Although the technical rating is bad, CNXC does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
CNXC Support and Resistance Analysis
27.58
49.17
We can see 4 important resistance areas.
- A resistance zone ranging from 28.50 to 28.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @29.45 from a trend line in the daily time frame.
- Resistance @34.87 from a trend line in the daily time frame.
- Resistance @48.68 from a trend line in the weekly time frame.
CNXC 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 | DOWN | NEGATIVE | The long term trend for CNXC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNXC is down. |
| ChartMill Relative Strength | 7.92 | NEGATIVE | CNXC has a low relative strength, it was outperformed by 92.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNXC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNXC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNXC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.4 | NEUTRAL | The RSI value for CNXC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests CNXC has a positive trend. |
| Stochastics (14,3) | 42.57 | NEUTRAL | The Stochastics value for CNXC is a neutral value. |
| Average True Range in percent/ATR (20) | 8.48 | HIGH VOLATILITY | The high ATR as a percentage value for CNXC suggests high volalility. |
| Average Directional Index/ADX (14) | 25.31 | POSITIVE | The high ADX value value for CNXC suggests a strong trend. |
CNXC Chart- and CandleStick Pattern Analysis
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)
CNXC Technicals: Chart, Performance Metrics, Trend & Indicators
27.86
+1.74 (+6.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg6.66%
1 Week1.38%
2 Weeks5.45%
1 Month-12.03%
3 Month-35.43%
6 Month-37.88%
12 Month-41.14%
2 Year-49.04%
3 Year-71.13%
5 Year-82.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.57
ATR(20)%8.48%
ATR Inc42.46%
Range Today2.5
ADR(20)2.16
ADR(20)%7.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.92
3 months CRS9.21
6 months CRS13.21
Mansfield-4.12
10 Day High29.94
10 Day Low25.35
20 Day High33.99
20 Day Low24.27
52 Week High62.14
52 Week Low24.27
CS1 EndN/A
CR1 Start28.5
Volume & EV
DER(3)-0.47%
DER(5)-1.1%
Volume2.36M
Volume Incr-15%
Vol(5)1.65M
Vol(50)1.67M
CONCENTRIX CORP / CNXC TA FAQ
What is the ChartMill technical rating of CONCENTRIX CORP (CNXC) stock?
ChartMill assigns a technical rating of 0 / 10 to CNXC.
Can you provide the trend direction for CONCENTRIX CORP?
The current trend direction for CONCENTRIX CORP (CNXC) is Bearish.
What is the RSI signal for CNXC stock?
CONCENTRIX CORP (CNXC) has an RSI value of 45.4022. This indicates that the stock is currently neutral.
What is the buy/sell signal for CNXC stock?
The buy/sell signal for CONCENTRIX CORP (CNXC) is sell as both the short term and long term trends are negative.
What is the support and resistance level for CNXC stock?
CONCENTRIX CORP (CNXC) has a resistance level at 28.5. Check the full technical report for our detailed analysis of CNXC support and resistance levels.