CARE COM INC (CRCM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CRCM -
Overall CRCM gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CRCM is a bad performer.
CRCM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 15.00, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
14.04
3 important support areas can be observed.
- A support zone ranging from 14.96 to 15.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.62 from a trend line in the daily time frame.
- A support zone ranging from 14.18 to 14.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.10 to 15.13. 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 CRCM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRCM is up. |
| ChartMill Relative Strength | 24.43 | NEGATIVE | CRCM has a low relative strength, it was outperformed by 75.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRCM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRCM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CRCM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.14 | OVERBOUGHT | The high RSI value suggests CRCM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests CRCM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.33 | NEUTRAL | The Stochastics value for CRCM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for CRCM 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 |
|---|---|---|---|
| 15.02 | 14.96 | 0.05 (0.37%) | 25.00% |
| An entry @15.02. This is a Buy Stop order right above the 10 day high. | An exit @14.96. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 0.37%. | For a 0.09% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NYSE:CRCM (2/10/2020, 8:04:07 PM)
15
+0.01 (+0.07%)
CARE COM INC / CRCM FAQ
Can you provide the ChartMill technical rating for CARE COM INC?
ChartMill assigns a technical rating of 7 / 10 to CRCM.
Can you provide the trend direction for CARE COM INC?
The current trend direction for CARE COM INC (CRCM) is Bullish.
What is the RSI signal for CARE COM INC (CRCM) stock?
CARE COM INC (CRCM) has an RSI value of 71.1363. This indicates that the stock is currently overbought.
What is the buy/sell signal for CRCM stock?
The buy/sell signal for CARE COM INC (CRCM) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for CARE COM INC (CRCM) stock?
CARE COM INC (CRCM) has a support level at 15 and a resistance level at 15.1. Check the full technical report for our detailed analysis of CRCM support and resistance levels.