CRANE NXT CO (CXT) Stock Technical Analysis
NYSE:CXT • US2244411052
We assign a technical rating of 0 out of 10 to CXT. CXT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 81% of all other stocks performed better in the past year than CXT.
- CXT is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 71% are performing better than CXT.
- CXT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CXT has a been trading in the 47.82 - 56.16 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
CXT has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
47.45
When analyzing the support we notice one important area.
- Support @47.93 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 51.52 to 52.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 53.88 to 54.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @56.30 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 | DOWN | NEGATIVE | The long term trend for CXT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CXT is down. |
| ChartMill Relative Strength | 19.04 | NEGATIVE | CXT has a low relative strength, it was outperformed by 80.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CXT is below a declining 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) | DOWN | NEGATIVE | The current price of CXT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.59 | NEUTRAL | The RSI value for CXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests CXT has a negative trend. |
| Stochastics (14,3) | 5.22 | OVERSOLD | The low Stochastics value suggests CXT may be oversold. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for CXT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.54 | NEGATIVE | The low ADX value for CXT suggests a weak or negative trend. |
48.29
-1.17 (-2.37%)
CRANE NXT CO / CXT FAQ
What is the technical rating for CXT stock?
ChartMill assigns a technical rating of 0 / 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 35.5899. 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 negative.
Can you provide the buy/sell signal for CRANE NXT CO?
The buy/sell signal for CRANE NXT CO (CXT) is sell as both the short term and long term trends are negative.