NASDAQ:CNXC - Nasdaq - US20602D1019 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to CNXC. CNXC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
CNXC has an average technical rating and it also does not offer a high quality setup 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.
47.54
4 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 | 53.87 | NEUTRAL | CNXC is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of CNXC is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CNXC is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 43.39 | NEUTRAL | The RSI value for CNXC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests CNXC has a negative trend. |
Stochastics (14,3) | 47.13 | NEUTRAL | The Stochastics value for CNXC is a neutral value. |
Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for CNXC suggests some volalility. |
Average Directional Index/ADX (14) | 19.53 | NEGATIVE | The low ADX value for CNXC suggests a weak or negative trend. |
53.16
-2.47 (-4.44%)