CURRENC GROUP INC (CURR) Stock Technical Analysis
NASDAQ:CURR - Nasdaq - KYG478621009 - Common Stock - Currency: USD
Taking everything into account, CURR scores 5 out of 10 in our technical rating. In the past year, CURR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, CURR is a bad performer in the overall market: 100% of all stocks are doing better.
CURR is one of the lesser performing stocks in the Financial Services industry. 93% of 100 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CURR has an average volume of 5204290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CURR has a been trading in the 0.36 - 2.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CURR has an average technical rating and it also 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.
More info and screens
1.44
1.99
When analyzing the resistance we notice 2 important areas.
- Resistance @1.58 from a horizontal line in the weekly time frame.
- Resistance @1.97 from a trend 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 | 0 | NEGATIVE | CURR has a low relative strength, it was outperformed by 100% 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) | DOWN | NEGATIVE | The current price of CURR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.92 | NEUTRAL | The RSI value for CURR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CURR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.08 | NEUTRAL | The Stochastics value for CURR is a neutral value. |
| Average True Range in percent/ATR (20) | 21.49 | HIGH VOLATILITY | The high ATR as a percentage value for CURR suggests high volalility. |
| Average Directional Index/ADX (14) | 46.02 | POSITIVE | The high ADX value value for CURR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.45
-0.07 (-4.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-4.61%
1 Week-7.64%
2 Weeks39.42%
1 Month302.89%
3 Month-5.84%
6 Month-34.68%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%21.49%
ATR Inc-59.13%
Range Today0.18
ADR(20)0.29
ADR(20)%19.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.38
10 Day Low1.25
20 Day High2.38
20 Day Low0.36
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start1.58
Volume & EV
DER(3)0.95%
DER(5)1.33%
Volume549.10K
Volume Incr-95.47%
Vol(5)478.32K
Vol(50)5.20M