CONCENTRIX CORP (CNXC) Stock Technical Analysis
NASDAQ:CNXC - US20602D1019 - Common Stock
52.76 USD
+2.4 (+4.77%)
52.76 USD
0 (0%)
Taking everything into account, CNXC scores 2 out of 10 in our technical rating. CNXC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, CNXC is a bad performer in the overall market: 89% of all stocks are doing better.
CNXC is part of the IT Services industry. There are 85 other stocks in this industry, of which 69% are performing better than CNXC.
In the last month CNXC has a been trading in the 45.31 - 52.83 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CNXC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CNXC is lagging the market.
CNXC has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
44.48
61.58
We found 2 important support areas.
- A support zone ranging from 45.93 to 47.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.93 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 52.77 to 53.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @58.23 from a trend line in the weekly time frame.
- A resistance zone ranging from 60.56 to 60.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for CNXC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CNXC is neutral. |
| ChartMill Relative Strength | 11.38 | NEGATIVE | CNXC has a low relative strength, it was outperformed by 88.62% off all stocks 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) | DOWN | NEGATIVE | The current price of CNXC is below a declining 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) | 55.47 | NEUTRAL | The RSI value for CNXC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests CNXC has a positive trend. |
| Stochastics (14,3) | 81.04 | OVERBOUGHT | The high Stochastics value suggests CNXC may be overbought. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for CNXC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.23 | NEGATIVE | The low ADX value for CNXC suggests a weak or negative trend. |
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)
52.76
+2.4 (+4.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg4.77%
1 Week1.33%
2 Weeks9.48%
1 Month14.15%
3 Month-5.73%
6 Month16.83%
12 Month-29.87%
2 Year-33.91%
3 Year-58.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.92
ATR(20)%3.6%
ATR Inc6.69%
Range Today2.83
ADR(20)1.86
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.38
Mansfield-0.45
10 Day High52.83
10 Day Low47.3
20 Day High52.83
20 Day Low45.31
52 Week High76.11
52 Week Low36.28
CS1 End47.08
CR1 Start52.77
Volume & EV
DER(3)-1.92%
DER(5)0%
Volume858.60K
Volume Incr-4.54%
Vol(5)633.68K
Vol(50)754.87K