COMPUTE HEALTH ACQ A -CW27 (CPU.W) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CPU.W
Overall CPU.W gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CPU.W is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CPU.W did better than 99% of all other stocks. We also observe that the gains produced by CPU.W over the past year are nicely spread over this period.
- CPU.W is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CPU.W is lagging the market slightly.
- In the last month CPU.W has a been trading in the 0.35 - 0.69 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CPU.W has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for CPU.W in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
0.38
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 0.38 to 0.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines and important moving averages 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 CPU.W is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CPU.W is up. |
| ChartMill Relative Strength | 99.2 | POSITIVE | CPU.W has a high relative strength, it outperformed 99.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPU.W is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPU.W is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CPU.W is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.43 | NEUTRAL | The RSI value for CPU.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CPU.W has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.82 | NEUTRAL | The Stochastics value for CPU.W is a neutral value. |
| Average True Range in percent/ATR (20) | 20.7 | HIGH VOLATILITY | The high ATR as a percentage value for CPU.W suggests high volalility. |
| Average Directional Index/ADX (14) | 13.76 | NEGATIVE | The low ADX value for CPU.W suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 0.55 | 0.42 | 0.13 (23.64%) | 4.23% |
| An entry @0.55. This is a Buy Stop order right above the resistance zone. | An exit @0.42. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.13 points, which is 23.64%. | When investing 4.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CPU.W. Please evaluate whether better entry and exit points can be found.
- 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.
0.531
-0.03 (-5.18%)
COMPUTE HEALTH ACQ A -CW27 / CPU.W FAQ
What is the ChartMill technical rating of COMPUTE HEALTH ACQ A -CW27 (CPU.W) stock?
ChartMill assigns a technical rating of 10 / 10 to CPU.W.
What is the trend direction for CPU.W stock?
The current trend direction for COMPUTE HEALTH ACQ A -CW27 (CPU.W) is Bullish.
Can you provide the RSI signal for COMPUTE HEALTH ACQ A -CW27?
COMPUTE HEALTH ACQ A -CW27 (CPU.W) has an RSI value of 52.426. This indicates that the stock is currently neutral.
What is the MACD signal for COMPUTE HEALTH ACQ A -CW27 (CPU.W) stock?
The MACD indicator for COMPUTE HEALTH ACQ A -CW27 (CPU.W) has a value of 0.00541906, indicating a bearish trend.
Can you provide the buy/sell signal for COMPUTE HEALTH ACQ A -CW27?
The buy/sell signal for COMPUTE HEALTH ACQ A -CW27 (CPU.W) is buy as both the short term and long term trends are positive.