Continental Materials Corp (CUO) Stock Technical Analysis
USA - NYSEARCA:CUO -
Overall CUO gets a technical rating of 3 out of 10. In the last year, CUO was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
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
8.53
When analyzing the support we notice one important 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.
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. |
NYSEARCA:CUO (5/11/2020, 8:04:04 PM)
8.63
-0.97 (-10.1%)
Continental Materials Corp / CUO FAQ
What is the ChartMill technical rating of Continental Materials Corp (CUO) stock?
ChartMill assigns a technical rating of 3 / 10 to CUO.
What is the current trend direction of Continental Materials Corp (CUO) stock?
The current trend direction for Continental Materials Corp (CUO) is Bearish.
Can you provide the RSI signal for Continental Materials Corp?
Continental Materials Corp (CUO) has an RSI value of 37.9429. This indicates that the stock is currently neutral.
What is the short term momentum for CUO stock?
The short term momentum for Continental Materials Corp (CUO) is neutral.
Can you provide the support and resistance levels for Continental Materials Corp?
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.