CRANE NXT CO (CXT) Stock Technical Analysis
NYSE:CXT - New York Stock Exchange, Inc. - US2244411052 - Common Stock - Currency: USD
Overall CXT gets a technical rating of 7 out of 10. In the last year, CXT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, CXT outperforms 64% of them, which is more or less in line with the market.
CXT is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 44% of 125 stocks in the same industry.
CXT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CXT is lagging the market.
In the last month CXT has a been trading in the 52.95 - 59.38 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.
Besides having an excellent technical rating, CXT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 57.23, a Stop Loss order could be placed below this zone.
More info and screens
52.70
65.28
When analyzing the support we can see 3 important areas.
- A support zone ranging from 56.09 to 57.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 54.71 to 54.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.23 to 53.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 58.93 to 59.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 64.62 to 64.63. This zone is formed by a combination of multiple trend lines 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 | 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 | 64.62 | NEUTRAL | CXT is not amongst the best or worst performers 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) | 56.17 | NEUTRAL | The RSI value for CXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CXT has a negative trend. |
| Stochastics (14,3) | 63.33 | NEUTRAL | The Stochastics value for CXT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for CXT suggests some volalility. |
| Average Directional Index/ADX (14) | 13.11 | NEGATIVE | The low ADX value for CXT suggests a weak or negative 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)
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 |
|---|---|---|---|
| 59.32 | 56.08 | 3.24 (5.46%) | 18.31% |
| An entry @59.32. This is a Buy Stop order right above the resistance zone. | An exit @56.08. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.24 points, which is 5.46%. | For a 1.00% total portfolio risk, you can invest 18.31% of your capital in this trade. |
- 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.
57.26
-0.09 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.16%
1 Week-2.3%
2 Weeks1.33%
1 Month4.99%
3 Month28.21%
6 Month-10.14%
12 Month-3.31%
2 Year-3.2%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.47
ATR(20)%2.54%
ATR Inc-31.11%
Range Today0.8
ADR(20)1.43
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.62
Mansfield-0.6
10 Day High59.38
10 Day Low55.3
20 Day High59.38
20 Day Low52.95
52 Week High67.01
52 Week Low41.54
CS1 End57.23
CR1 Start58.93
Volume & EV
DER(3)-2.04%
DER(5)-0.99%
Volume327.20K
Volume Incr-53.49%
Vol(5)244.22K
Vol(50)418.05K