USA - NYSE:CXT - US2244411052 - Common Stock
Overall CXT gets a technical rating of 8 out of 10. Although CXT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CXT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 67.20, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
55.74
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The short term trend for CXT is up. |
ChartMill Relative Strength | 79.66 | POSITIVE | CXT has a high relative strength, it outperformed 79.66% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CXT is above the rising 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) | 59.5 | NEUTRAL | The RSI value for CXT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests CXT has a negative trend. |
Stochastics (14,3) | 61.13 | NEUTRAL | The Stochastics value for CXT is a neutral value. |
Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for CXT suggests some volalility. |
Average Directional Index/ADX (14) | 23.64 | NEUTRAL | The ADX value for CXT suggests a possible start of a new 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 |
---|---|---|---|
68.92 | 65.56 | 3.36 (4.88%) | 20.51% |
An entry @68.92. This is a Buy Stop order right above the resistance zone. | An exit @65.56. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.36 points, which is 4.88%. | For a 1.00% total portfolio risk, you can invest 20.51% of your capital in this trade. |
67.46
+0.6 (+0.9%)