CHEETAH NET SUPPLY CHAIN SER (CTNT) Stock Technical Analysis
USA - NASDAQ:CTNT - US16307X2027 - Common Stock
Overall CTNT gets a technical rating of 0 out of 10. CTNT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of CTNT is bad and it also does not present a 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.
More info and screens
1.31
3 important resistance areas can be observed.
- A resistance zone ranging from 1.33 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.66 from a trend line in the daily time frame.
- Resistance @2.00 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 CTNT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTNT is down. |
| ChartMill Relative Strength | 10.35 | NEGATIVE | CTNT has a low relative strength, it was outperformed by 89.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTNT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTNT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CTNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.32 | NEUTRAL | The RSI value for CTNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CTNT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.4 | NEUTRAL | The Stochastics value for CTNT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.35 | HIGH VOLATILITY | The high ATR as a percentage value for CTNT suggests high volalility. |
| Average Directional Index/ADX (14) | 35.29 | POSITIVE | The high ADX value value for CTNT suggests a strong trend. |
1.32
+0.03 (+2.33%)
CHEETAH NET SUPPLY CHAIN SER / CTNT FAQ
What is the technical rating for CTNT stock?
ChartMill assigns a technical rating of 0 / 10 to CTNT.
What is the current trend direction of CHEETAH NET SUPPLY CHAIN SER (CTNT) stock?
The current trend direction for CHEETAH NET SUPPLY CHAIN SER (CTNT) is Bearish.
What is the RSI signal for CHEETAH NET SUPPLY CHAIN SER (CTNT) stock?
CHEETAH NET SUPPLY CHAIN SER (CTNT) has an RSI value of 34.3151. This indicates that the stock is currently neutral.
What is the MACD signal for CHEETAH NET SUPPLY CHAIN SER (CTNT) stock?
The MACD indicator for CHEETAH NET SUPPLY CHAIN SER (CTNT) has a value of -0.0209774, indicating a bearish trend.
What is the buy/sell signal for CTNT stock?
The buy/sell signal for CHEETAH NET SUPPLY CHAIN SER (CTNT) is sell as both the short term and long term trends are negative.