PC CONNECTION INC (CNXN)

US69318J1007 - Common Stock

61.96  -0.01 (-0.02%)

After market: 62 +0.04 (+0.06%)

Technical Rating and Analysis

4

Taking everything into account, CNXN scores 4 out of 10 in our technical rating. Although CNXN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month CNXN has a been trading in the 61.10 - 66.68 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, CNXN did better than 88% of all other stocks. We also observe that the gains produced by CNXN over the past year are nicely spread over this period.
CNXN is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 82% of 127 stocks in the same industry.
CNXN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CNXN is performing more or less in line with the market.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Weekly and Daily overview Charts
CNXN Weekly chart
CNXN Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, CNXN does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 61.95, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

61.19

70.29

We found 1 important support area.

  • A support zone ranging from 61.81 to 61.95. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • Resistance @62.16 from a trend line in the daily time frame.
  • A resistance zone ranging from 63.27 to 64.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @65.93 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 68.25 to 69.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.45
Mansfield0.03
10 Day High65.39
10 Day Low61.1
20 Day High66.68
20 Day Low61.1
52 Week High70.55
52 Week Low38.14
Performance
1 Week-4.65%
2 Weeks0.23%
1 Month-5.45%
3 Month-6.36%
6 Month3.87%
12 Month60.56%
2 Year38.58%
3 Year26.99%
5 Year95.21%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)39.38
LBB60.91
UBB65.24
CNXN Daily chart

PC CONNECTION INC

NASDAQ:CNXN (5/1/2024, 7:00:01 PM)

After market: 62 +0.04 (+0.06%)

61.96

-0.01 (-0.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.02%
1 Week-4.65%
2 Weeks0.23%
1 Month-5.45%
3 Month-6.36%
6 Month3.87%
12 Month60.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.36
ATR(20)%2.14%
ATR Inc
Range Today1.48
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High65.39
10 Day Low61.1
20 Day High66.68
20 Day Low61.1
52 Week High70.55
52 Week Low38.14
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume53.00K
Volume Incr-12.72%
Vol(5)48.66K
Vol(50)61.23K