Taking everything into account, CCLD scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CCLD is a bad performer.
CCLD has an average technical rating and it also 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.
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When analyzing the support we can see 6 important areas.
- Support @3.28 from a trend line in the weekly time frame.
- A support zone ranging from 3.08 to 3.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.01 from a trend line in the daily time frame.
- Support @2.93 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.84 to 2.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.22 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @3.34 from a horizontal line in the daily time frame.
- Resistance @3.47 from a horizontal line in the weekly time frame.
- Resistance @3.67 from a trend line in the weekly 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 CCLD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCLD is up. |
| ChartMill Relative Strength | 25.11 | NEGATIVE | CCLD has a low relative strength, it was outperformed by 74.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CCLD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.64 | NEUTRAL | The RSI value for CCLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CCLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.82 | OVERBOUGHT | The high Stochastics value suggests CCLD may be overbought. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for CCLD suggests some volalility. |
| Average Directional Index/ADX (14) | 9.68 | NEGATIVE | The low ADX value for CCLD suggests a weak or negative trend. |
3.29
-0.04 (-1.2%)
CARECLOUD INC / CCLD FAQ
What is the technical rating for CCLD stock?
ChartMill assigns a technical rating of 5 / 10 to CCLD.
Can you provide the trend direction for CARECLOUD INC?
The current trend direction for CARECLOUD INC (CCLD) is Bullish.
What is the RSI signal for CARECLOUD INC (CCLD) stock?
CARECLOUD INC (CCLD) has an RSI value of 58.6352. This indicates that the stock is currently neutral.
What is the MACD signal for CCLD stock?
The MACD indicator for CARECLOUD INC (CCLD) has a value of 0.0384125, indicating a bearish trend.
Can you provide the support and resistance levels for CARECLOUD INC?
CARECLOUD INC (CCLD) has a support level at 3.28 and a resistance level at 3.34. Check the full technical report for our detailed analysis of CCLD support and resistance levels.