CRANE NXT CO (CXT) Stock Technical Analysis
USA - NYSE:CXT - US2244411052 - Common Stock
Taking everything into account, CXT scores 7 out of 10 in our technical rating. In the last year, CXT was one of the better performers, but we do observe some doubts in the very recent evolution.
CXT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
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55.74
3 important support areas can be observed.
- A support zone ranging from 59.69 to 60.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @58.07 from a trend line in the daily time frame.
- A support zone ranging from 56.30 to 56.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 66.00 to 66.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @68.91 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 | UP | POSITIVE | The long term trend for CXT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CXT is neutral. |
| ChartMill Relative Strength | 74.81 | POSITIVE | CXT has a high relative strength, it outperformed 74.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CXT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CXT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CXT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.02 | NEUTRAL | The RSI value for CXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests CXT has a negative trend. |
| Stochastics (14,3) | 16.57 | OVERSOLD | The low Stochastics value suggests CXT may be oversold. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for CXT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.62 | NEGATIVE | The low ADX value for CXT suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 66.01 | 64.11 | 1.90 (2.88%) | 25.00% |
| An entry @66.01. This is a Buy Stop order right above the 10 day moving average. | An exit @64.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.90 points, which is 2.88%. | For a 0.72% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CXT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
64.21
-0.77 (-1.18%)
CRANE NXT CO / CXT FAQ
What is the technical rating for CXT stock?
ChartMill assigns a technical rating of 7 / 10 to CXT.
What is the trend direction for CXT stock?
The current trend direction for CRANE NXT CO (CXT) is Bullish.
What is the RSI signal for CXT stock?
CRANE NXT CO (CXT) has an RSI value of 45.0192. This indicates that the stock is currently neutral.
What is the MACD signal for CXT stock?
The MACD indicator for CRANE NXT CO (CXT) has a value of -0.536345, indicating a bearish trend.
What are the support and resistance levels for CRANE NXT CO (CXT) stock?
CRANE NXT CO (CXT) has a support level at 60.08 and a resistance level at 66. Check the full technical report for our detailed analysis of CXT support and resistance levels.