Continental Materials Corp (CUO) Technical Analysis
NYSEARCA:CUO
Current stock price
CUO Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to CUO. CUO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, CUO is a bad performer in the overall market: 74% of all stocks are doing better.
- CUO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CUO has a been trading in the 8.63 - 10.69 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: CUO has an average volume of 3734 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Considerably lower volume is observed in the last couple of days.
CUO Weekly and Daily overview Charts
CUO Setup Rating and Analysis
The technical rating of CUO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CUO Support and Resistance Analysis
8.53
We found 1 important support area.
- A support zone ranging from 8.62 to 8.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.39 to 10.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
CUO Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for CUO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CUO is neutral. |
| ChartMill Relative Strength | 26.93 | NEGATIVE | CUO has a low relative strength, it was outperformed by 73.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CUO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CUO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CUO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.94 | NEUTRAL | The RSI value for CUO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CUO has a negative trend. |
| Stochastics (14,3) | 20.54 | NEUTRAL | The Stochastics value for CUO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for CUO suggests some volalility. |
CUO Chart- and CandleStick Pattern Analysis
CUO Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:CUO (5/11/2020, 8:04:04 PM)
8.63
-0.97 (-10.1%)
Continental Materials Corp / CUO TA FAQ
What is the ChartMill technical rating of Continental Materials Corp (CUO) stock?
ChartMill assigns a technical rating of 3 / 10 to CUO.
Can you provide the trend direction for Continental Materials Corp?
The current trend direction for Continental Materials Corp (CUO) is Bearish.
What is the RSI signal for CUO stock?
Continental Materials Corp (CUO) has an RSI value of 37.9429. This indicates that the stock is currently neutral.
What is the MACD signal for Continental Materials Corp (CUO) stock?
The MACD indicator for Continental Materials Corp (CUO) has a value of -0.141554, indicating a bearish trend.
What are the support and resistance levels for Continental Materials Corp (CUO) stock?
Continental Materials Corp (CUO) has a support level at 8.62 and a resistance level at 10.39. Check the full technical report for our detailed analysis of CUO support and resistance levels.