PC CONNECTION INC (CNXN) Stock Technical Analysis
NASDAQ:CNXN - Nasdaq - US69318J1007 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CNXN. CNXN'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
85% of all other stocks performed better in the past year than CNXN.
CNXN is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 69% of 124 stocks in the same industry do better.
CNXN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CNXN has a been trading in the 56.72 - 67.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CNXN 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
58.30
76.66
We found 1 important support area.
- A support zone ranging from 58.89 to 59.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 63.65 to 66.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 67.28 to 68.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @71.83 from a trend line in the weekly time frame.
- Resistance @75.90 from a horizontal line in the weekly time frame.
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 CNXN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNXN is down. |
| ChartMill Relative Strength | 15.99 | NEGATIVE | CNXN has a low relative strength, it was outperformed by 84.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNXN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNXN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNXN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.71 | NEUTRAL | The RSI value for CNXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests CNXN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.83 | NEUTRAL | The Stochastics value for CNXN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for CNXN suggests some volalility. |
| Average Directional Index/ADX (14) | 29.18 | POSITIVE | The high ADX value value for CNXN suggests a strong 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)
NASDAQ:CNXN (8/8/2025, 11:23:17 AM)
60.42
+0.32 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.53%
1 Week-2.42%
2 Weeks-7.34%
1 Month-10.65%
3 Month-12.9%
6 Month-5.37%
12 Month-10.58%
2 Year13.14%
3 Year20.97%
5 Year35.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.9
ATR(20)%2.85%
ATR Inc-5.82%
Range Today0.86
ADR(20)1.65
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.99
Mansfield-1.8
10 Day High65.62
10 Day Low56.72
20 Day High67.15
20 Day Low56.72
52 Week High77.19
52 Week Low56.72
CS1 End59.69
CR1 Start63.65
Volume & EV
DER(3)-0.68%
DER(5)-0.59%
Volume13.92K
Volume Incr43.7%
Vol(5)93.82K
Vol(50)86.69K