CLEANCORE SOLUTIONS INC-CL B (ZONE) Stock Technical Analysis
NYSEARCA:ZONE - US1844921064 - Common Stock
6.46 USD
+0.17 (+2.7%)
7.5 USD
+1.04 (+16.1%)
We assign a technical rating of 10 out of 10 to ZONE. Both in the recent history as in the last year, ZONE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ZONE is one of the better performing stocks in the market, outperforming 99% of all stocks.
ZONE is part of the Machinery industry. There are 127 other stocks in this industry. ZONE outperforms 98% of them.
ZONE 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.
In the last month ZONE has a been trading in the 3.32 - 6.72 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ZONE has an excellent technical rating, it does not offer a high quality setup 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
3.50
6.52
We found 2 important support areas.
- Support @4.28 from a trend line in the daily time frame.
- Support @3.54 from a trend 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 ZONE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZONE is up. |
| ChartMill Relative Strength | 99.02 | POSITIVE | ZONE has a high relative strength, it outperformed 99.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZONE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZONE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZONE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.74 | OVERBOUGHT | The high RSI value suggests ZONE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests ZONE has a positive trend. |
| Stochastics (14,3) | 90.98 | OVERBOUGHT | The high Stochastics value suggests ZONE may be overbought. |
| Average True Range in percent/ATR (20) | 8.25 | HIGH VOLATILITY | The high ATR as a percentage value for ZONE suggests high volalility. |
| Average Directional Index/ADX (14) | 34 | POSITIVE | The high ADX value value for ZONE suggests a strong 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)
6.46
+0.17 (+2.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.7%
1 Week44.84%
2 Weeks70.45%
1 Month57.56%
3 Month193.64%
6 Month471.68%
12 Month291.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%8.25%
ATR Inc7.08%
Range Today0.66
ADR(20)0.52
ADR(20)%8.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.02
Mansfield20.23
10 Day High6.72
10 Day Low3.62
20 Day High6.72
20 Day Low3.32
52 Week High6.72
52 Week Low0.81
CS1 End4.28
CR1 StartN/A
Volume & EV
DER(3)-7.37%
DER(5)2.16%
Volume62.20K
Volume Incr398.2%
Vol(5)147.84K
Vol(50)60.20K