China Xd Plastics Company (CXDC) Stock Technical Analysis
NASDAQ:CXDC - Nasdaq -
We assign a technical rating of 8 out of 10 to CXDC. CXDC 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CXDC is part of the Automobile Components industry. There are 80 other stocks in this industry. CXDC outperforms 86% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CXDC has an average volume of 5459430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CXDC is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
CXDC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CXDC is lagging the market.
In the last month CXDC has a been trading in the 0.40 - 1.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CXDC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.41
1.19
When analyzing the support we notice one important area.
- Support @0.41 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @0.94 from a horizontal line in the daily time frame.
- Resistance @0.96 from a trend line in the daily time frame.
- Resistance @1.01 from a trend line in the daily time frame.
- Resistance @1.07 from a horizontal line in the daily time frame.
- Resistance @1.18 from a horizontal line in the weekly 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 CXDC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CXDC is up. |
| ChartMill Relative Strength | 88.65 | POSITIVE | CXDC has a high relative strength, it outperformed 88.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CXDC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CXDC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CXDC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 80.11 | OVERBOUGHT | The high RSI value suggests CXDC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CXDC has a positive trend. |
| Stochastics (14,3) | 49.18 | NEUTRAL | The Stochastics value for CXDC is a neutral value. |
| Average True Range in percent/ATR (20) | 11.67 | HIGH VOLATILITY | The high ATR as a percentage value for CXDC suggests high volalility. |
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)
0.9099
-0.02 (-2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-2.16%
1 Week86.26%
2 Weeks120.32%
1 Month99.8%
3 Month144.66%
6 Month-14.96%
12 Month-23.86%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%11.67%
ATR Inc1332.72%
Range Today0.2
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.65
Mansfield-0.61
10 Day High1.72
10 Day Low0.41
20 Day High1.72
20 Day Low0.4
52 Week High1.72
52 Week Low0.36
CS1 End0.41
CR1 Start0.94
Volume & EV
DER(3)1.83%
DER(5)-3.16%
Volume14.21M
Volume Incr12136.87%
Vol(5)48.37M
Vol(50)5.46M