CRANE NXT CO (CXT) Stock Technical Analysis
USA - NYSE:CXT - US2244411052 - Common Stock
67.46 USD
+0.6 (+0.9%)
67.46 USD
0 (0%)
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.
Both the short term and long term trends are positive. This is a very positive sign.
CXT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CXT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, CXT did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CXT is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 50% of 123 stocks in the same industry.
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.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
55.74
69.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 65.57 to 67.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 59.08 to 59.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.30 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- 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 | 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. |
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 |
|---|---|---|---|
| 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. |
- 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.
67.46
+0.6 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.9%
1 Week1.55%
2 Weeks-0.12%
1 Month19.44%
3 Month13.47%
6 Month44.73%
12 Month22.08%
2 Year29.73%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.9
ATR(20)%3.43%
ATR Inc-31.83%
Range Today1.2
ADR(20)2.12
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.66
Mansfield0.58
10 Day High69
10 Day Low63.93
20 Day High69
20 Day Low58.95
52 Week High69
52 Week Low41.54
CS1 End67.2
CR1 Start68.91
Volume & EV
DER(3)0.21%
DER(5)-1.52%
Volume264.80K
Volume Incr-27.02%
Vol(5)388.36K
Vol(50)442.60K