POP CULTURE GROUP CO LTD-A (CPOP) Stock Technical Analysis
USA - NASDAQ:CPOP - KYG717001195 - Common Stock
Taking everything into account, CPOP scores 0 out of 10 in our technical rating. CPOP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CPOP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.70, a Stop Loss order could be placed below this zone.
More info and screens
0.50
3 important support areas can be observed.
- A support zone ranging from 0.69 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.54 from a trend line in the daily time frame.
- Support @0.51 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.76 to 0.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.79 from a horizontal line in the daily time frame.
- Resistance @1.40 from a trend 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 CPOP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CPOP is down. |
| ChartMill Relative Strength | 8.74 | NEGATIVE | CPOP has a low relative strength, it was outperformed by 91.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CPOP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CPOP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CPOP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.27 | NEUTRAL | The RSI value for CPOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CPOP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.44 | NEUTRAL | The Stochastics value for CPOP is a neutral value. |
| Average True Range in percent/ATR (20) | 8.17 | HIGH VOLATILITY | The high ATR as a percentage value for CPOP suggests high volalility. |
| Average Directional Index/ADX (14) | 32.19 | POSITIVE | The high ADX value value for CPOP suggests a strong trend. |
0.7065
-0.04 (-5.05%)
POP CULTURE GROUP CO LTD-A / CPOP FAQ
What is the technical rating for CPOP stock?
ChartMill assigns a technical rating of 0 / 10 to CPOP.
What is the current trend direction of POP CULTURE GROUP CO LTD-A (CPOP) stock?
The current trend direction for POP CULTURE GROUP CO LTD-A (CPOP) is Bearish.
What is the RSI signal for POP CULTURE GROUP CO LTD-A (CPOP) stock?
POP CULTURE GROUP CO LTD-A (CPOP) has an RSI value of 39.2683. This indicates that the stock is currently neutral.
Can you provide the short term momentum for POP CULTURE GROUP CO LTD-A?
The short term momentum for POP CULTURE GROUP CO LTD-A (CPOP) is negative.
What is the buy/sell signal for POP CULTURE GROUP CO LTD-A (CPOP) stock?
The buy/sell signal for POP CULTURE GROUP CO LTD-A (CPOP) is sell as both the short term and long term trends are negative.