CRANE NXT CO (CXT) Stock Technical Analysis
NYSE:CXT - US2244411052 - Common Stock
60.75 USD
+1.47 (+2.48%)
60.75 USD
0 (0%)
Taking everything into account, CXT scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CXT is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
CXT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CXT is lagging the market slightly.
When compared to the yearly performance of all other stocks, CXT outperforms 65% of them, which is more or less in line with the market.
CXT is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, CXT did better than 47% of them.
In the last month CXT has a been trading in the 53.84 - 63.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 60.30, a Stop Loss order could be placed below this zone.
More info and screens
55.74
65.51
We found 2 important support areas.
- A support zone ranging from 58.42 to 60.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.30 to 57.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @63.18 from a trend line in the daily time frame.
- A resistance zone ranging from 64.62 to 64.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 65.6 | 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) | 53.83 | NEUTRAL | The RSI value for CXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests CXT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.77 | NEUTRAL | The Stochastics value for CXT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for CXT suggests some volalility. |
| Average Directional Index/ADX (14) | 12.38 | 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 |
|---|---|---|---|
| 60.96 | 58.70 | 2.27 (3.72%) | 25.00% |
| An entry @60.96. This is a Buy Stop order right above the 10 day moving average. | An exit @58.70. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.27 points, which is 3.72%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%. |
- 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.
60.75
+1.47 (+2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.48%
1 Week-2.46%
2 Weeks0.33%
1 Month5.98%
3 Month12.31%
6 Month12.08%
12 Month9.11%
2 Year9.32%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.45
ATR(20)%2.84%
ATR Inc-7.07%
Range Today1.7
ADR(20)1.63
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.6
Mansfield-0.1
10 Day High63.72
10 Day Low58.71
20 Day High63.72
20 Day Low53.84
52 Week High67.01
52 Week Low41.54
CS1 End60.3
CR1 Start63.18
Volume & EV
DER(3)2.82%
DER(5)1.61%
Volume462.60K
Volume Incr1.8%
Vol(5)438.22K
Vol(50)392.97K