CYRUSONE INC (CONE) Stock Technical Analysis
USA - NASDAQ:CONE - REIT
Taking everything into account, CONE scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CONE has proven to be a steady performer, scoring decent points in every aspect analyzed.
CONE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 90.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 90.26, a Stop Loss order could be placed below this zone.
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74.69
4 important support areas can be observed.
- A support zone ranging from 88.95 to 90.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @82.81 from a trend line in the weekly time frame.
- Support @78.29 from a trend line in the daily time frame.
- Support @75.44 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 90.40 to 91.09. 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 | UP | POSITIVE | The long term trend for CONE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CONE is up. |
| ChartMill Relative Strength | 88.35 | POSITIVE | CONE has a high relative strength, it outperformed 88.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CONE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CONE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CONE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.82 | NEUTRAL | The RSI value for CONE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CONE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.96 | NEUTRAL | The Stochastics value for CONE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for CONE suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 90.46 | 89.96 | 0.50 (0.55%) | 25.00% |
| An entry @90.46. This is a Buy Stop order right above the 10 day high. | An exit @89.96. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.50 points, which is 0.55%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.14%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
90.36
+0.03 (+0.03%)
CYRUSONE INC / CONE FAQ
Can you provide the ChartMill technical rating for CYRUSONE INC?
ChartMill assigns a technical rating of 9 / 10 to CONE.
What is the current trend direction of CYRUSONE INC (CONE) stock?
The current trend direction for CYRUSONE INC (CONE) is Bullish.
Can you provide the RSI signal for CYRUSONE INC?
CYRUSONE INC (CONE) has an RSI value of 58.8157. This indicates that the stock is currently neutral.
What is the MACD signal for CYRUSONE INC (CONE) stock?
The MACD indicator for CYRUSONE INC (CONE) has a value of -0.00880147, indicating a bearish trend.
What is the buy/sell signal for CYRUSONE INC (CONE) stock?
The buy/sell signal for CYRUSONE INC (CONE) is buy as both the short term and long term trends are positive.