CLEANCORE SOLUTIONS INC-CL B (ZONE) Stock Technical Analysis
NYSEARCA:ZONE - NYSE Arca - US1844921064 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to ZONE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZONE is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
ZONE is part of the Machinery industry. There are 128 other stocks in this industry. ZONE outperforms 96% of them.
When comparing the yearly performance of all stocks, we notice that ZONE is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
ZONE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZONE is lagging the market.
In the last month ZONE has a been trading in the 1.50 - 5.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although ZONE has an excellent technical rating, it does not present a decent entry opportunity 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
1.78
3.63
When analyzing the support we notice one important area.
- A support zone ranging from 1.80 to 1.82. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 97.84 | POSITIVE | ZONE has a high relative strength, it outperformed 97.84% 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) | 67.45 | NEUTRAL | The RSI value for ZONE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ZONE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.21 | NEUTRAL | The Stochastics value for ZONE is a neutral value. |
| Average True Range in percent/ATR (20) | 15.49 | HIGH VOLATILITY | The high ATR as a percentage value for ZONE suggests high volalility. |
| Average Directional Index/ADX (14) | 61.19 | 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)
3.59
-0.13 (-3.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-3.49%
1 Week2.57%
2 Weeks86.01%
1 Month108.72%
3 Month206.84%
6 Month113.69%
12 Month22.11%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%15.49%
ATR Inc-35.39%
Range Today0.29
ADR(20)0.55
ADR(20)%15.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.84
Mansfield10.95
10 Day High5.54
10 Day Low1.94
20 Day High5.54
20 Day Low1.5
52 Week High5.54
52 Week Low0.81
CS1 End1.82
CR1 StartN/A
Volume & EV
DER(3)-2.62%
DER(5)-2.15%
Volume179.50K
Volume Incr-74.43%
Vol(5)185.72K
Vol(50)344.65K