China Xd Plastics Company (CXDC) Technical Analysis
NASDAQ:CXDC
Current stock price
CXDC Technical Rating and Analysis
Taking everything into account, CXDC scores 8 out of 10 in our technical rating. In the last year, CXDC was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- 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 41 other stocks in this industry. CXDC outperforms 82% 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.
- Looking at the yearly performance, CXDC did better than 88% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- CXDC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CXDC is lagging the market slightly.
- 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.
CXDC Weekly and Daily overview Charts
CXDC Setup Rating and Analysis
Although CXDC has an excellent technical rating, it does not present a decent entry opportunity 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
CXDC Support and Resistance Analysis
0.41
We found 1 important support area.
- Support @0.41 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- 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.
CXDC 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 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. |
CXDC Chart- and CandleStick Pattern Analysis
CXDC Technicals: Chart, Performance Metrics, Trend & Indicators
0.9099
-0.02 (-2.16%)
China Xd Plastics Company / CXDC TA FAQ
Can you provide the ChartMill technical rating for China Xd Plastics Company?
ChartMill assigns a technical rating of 7 / 10 to CXDC.
What is the current trend direction of China Xd Plastics Company (CXDC) stock?
The current trend direction for China Xd Plastics Company (CXDC) is Bearish.
Can you provide the RSI signal for China Xd Plastics Company?
China Xd Plastics Company (CXDC) has an RSI value of 80.1128. This indicates that the stock is currently overbought.
What is the MACD signal for China Xd Plastics Company (CXDC) stock?
The MACD indicator for China Xd Plastics Company (CXDC) has a value of 0.0554772, indicating a bearish trend.
What is the support and resistance level for CXDC stock?
China Xd Plastics Company (CXDC) has a support level at 0.41 and a resistance level at 0.94. Check the full technical report for our detailed analysis of CXDC support and resistance levels.