CURRENC GROUP INC (CURR) Stock Technical Analysis
USA - NASDAQ:CURR - KYG478621009 - Common Stock
Taking everything into account, CURR scores 8 out of 10 in our technical rating. CURR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although CURR has an excellent technical rating, it does not present a decent entry opportunity 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.
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1.31
3 important support areas can be observed.
- Support @1.78 from a trend line in the daily time frame.
- Support @1.60 from a horizontal line in the daily time frame.
- Support @1.32 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 | NEUTRAL | NEUTRAL | The long term trend for CURR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CURR is up. |
| ChartMill Relative Strength | 96.73 | POSITIVE | CURR has a high relative strength, it outperformed 96.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CURR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CURR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CURR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.73 | NEUTRAL | The RSI value for CURR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CURR has a positive trend. |
| Stochastics (14,3) | 48.05 | NEUTRAL | The Stochastics value for CURR is a neutral value. |
| Average True Range in percent/ATR (20) | 14.1 | HIGH VOLATILITY | The high ATR as a percentage value for CURR suggests high volalility. |
| Average Directional Index/ADX (14) | 25.45 | POSITIVE | The high ADX value value for CURR suggests a strong trend. |
3.38
+0.47 (+16.15%)
CURRENC GROUP INC / CURR FAQ
What is the technical rating for CURR stock?
ChartMill assigns a technical rating of 8 / 10 to CURR.
Can you provide the trend direction for CURRENC GROUP INC?
The current trend direction for CURRENC GROUP INC (CURR) is Bearish.
What is the RSI signal for CURRENC GROUP INC (CURR) stock?
CURRENC GROUP INC (CURR) has an RSI value of 65.7279. This indicates that the stock is currently neutral.
What is the MACD signal for CURRENC GROUP INC (CURR) stock?
The MACD indicator for CURRENC GROUP INC (CURR) has a value of 0.107739, indicating a bearish trend.
Can you provide the short term momentum for CURRENC GROUP INC?
The short term momentum for CURRENC GROUP INC (CURR) is positive.