Overall CPOP gets a technical rating of 1 out of 10. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 95% of all other stocks performed better in the past year than CPOP.
- CPOP is part of the Entertainment industry. There are 80 other stocks in this industry, of which 75% are performing better than CPOP.
- CPOP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- CPOP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
CPOP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for CPOP in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.42
When analyzing the support we can see 2 important areas.
- Support @0.43 from a trend line in the daily time frame.
- A support zone ranging from 0.42 to 0.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.51 from a horizontal line in the daily time frame.
- Resistance @0.90 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for CPOP is neutral. |
| ChartMill Relative Strength | 5.67 | NEGATIVE | CPOP has a low relative strength, it was outperformed by 94.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPOP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CPOP is above 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) | 53.79 | NEUTRAL | The RSI value for CPOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CPOP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.39 | NEUTRAL | The Stochastics value for CPOP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.73 | HIGH VOLATILITY | The high ATR as a percentage value for CPOP suggests high volalility. |
| Average Directional Index/ADX (14) | 26.29 | POSITIVE | The high ADX value value for CPOP suggests a strong trend. |
0.4856
+0.01 (+1.42%)
POP CULTURE GROUP CO LTD-A / CPOP FAQ
What is the technical rating for CPOP stock?
ChartMill assigns a technical rating of 1 / 10 to CPOP.
What is the trend direction for CPOP stock?
The current trend direction for POP CULTURE GROUP CO LTD-A (CPOP) is Bearish.
What is the RSI signal for CPOP stock?
POP CULTURE GROUP CO LTD-A (CPOP) has an RSI value of 53.7896. This indicates that the stock is currently neutral.
What is the short term momentum for POP CULTURE GROUP CO LTD-A (CPOP) stock?
The short term momentum for POP CULTURE GROUP CO LTD-A (CPOP) is neutral.