USA - NASDAQ:CRNC - US1567271093 - Common Stock
We assign a technical rating of 10 out of 10 to CRNC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CRNC is showing a nice and steady performance.
Although CRNC has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
6.77
5 important support areas can be observed.
3 important resistance areas can be observed.
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 CRNC is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRNC is up. |
ChartMill Relative Strength | 97.86 | POSITIVE | CRNC has a high relative strength, it outperformed 97.86% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRNC is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRNC is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRNC is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 60.92 | NEUTRAL | The RSI value for CRNC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests CRNC has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 87.66 | OVERBOUGHT | The high Stochastics value suggests CRNC may be overbought. |
Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for CRNC suggests high volalility. |
Average Directional Index/ADX (14) | 25.21 | POSITIVE | The high ADX value value for CRNC suggests a strong trend. |
11.95
-0.55 (-4.4%)