CRANE NXT CO (CXT) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CXT • US2244411052
Overall CXT gets a technical rating of 1 out of 10. CXT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 84% of all other stocks performed better in the past year than CXT.
- CXT is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 70% of 123 stocks in the same industry do better.
- In the last month CXT has a been trading in the 47.43 - 53.29 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- 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.
CXT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 50.91, a Stop Loss order could be placed below this zone.
More info and screens
46.11
We found 3 important support areas.
- A support zone ranging from 50.45 to 50.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @47.71 from a trend line in the weekly time frame.
- Support @46.58 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 51.56 to 52.75. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for CXT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CXT is neutral. |
| ChartMill Relative Strength | 16.75 | NEGATIVE | CXT has a low relative strength, it was outperformed by 83.25% 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) | DOWN | NEGATIVE | The current price of CXT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CXT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.74 | NEUTRAL | The RSI value for CXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests CXT has a positive trend. |
| Stochastics (14,3) | 39.12 | 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) | 16.04 | NEGATIVE | The low ADX value for CXT suggests a weak or negative trend. |
51.39
+0.81 (+1.6%)
CRANE NXT CO / CXT FAQ
What is the technical rating for CXT stock?
ChartMill assigns a technical rating of 1 / 10 to CXT.
Can you provide the trend direction for CRANE NXT CO?
The current trend direction for CRANE NXT CO (CXT) is Bearish.
What is the RSI signal for CXT stock?
CRANE NXT CO (CXT) has an RSI value of 52.7392. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CRANE NXT CO?
The short term momentum for CRANE NXT CO (CXT) is neutral.