CONCORD MEDICAL - SPON ADR (CCM) Stock Technical Analysis
NYSE:CCM - New York Stock Exchange, Inc. - US2062772049 - ADR - Currency: USD
Taking everything into account, CCM scores 8 out of 10 in our technical rating. In the last year, CCM was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
CCM is currently trading near the lower end of its 52 week range, which is not a good sign. CCM is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Warning: CCM has an average volume of 20594 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CCM is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry. CCM outperforms 80% of them.
In the last month CCM has a been trading in the 3.88 - 6.06 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.
When comparing the yearly performance of all stocks, we notice that CCM is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CCM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.11
9.82
We found 1 important support area.
- Support @4.15 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @6.56 from a trend line in the weekly time frame.
- Resistance @9.72 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.51
Mansfield0.3
10 Day High6.06
10 Day Low3.88
20 Day High6.06
20 Day Low3.88
52 Week High26.7
52 Week Low3.8
Performance
1 Week41.08%
2 Weeks49.5%
1 Month37.53%
3 Month25.68%
6 Month-21.54%
12 Month1.83%
2 Year-54.81%
3 Year-59.66%
5 Year-64.86%
10 Year-91.61%
15 Year-91.72%
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)
Technical Indicators
MACD(12,26,9)0.18
RSI(14)71.32
LBB3.39
UBB5.56
NYSE:CCM (4/28/2025, 8:04:00 PM)
6.01
+0.69 (+13.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg13.03%
1 Week41.08%
2 Weeks49.5%
1 Month37.53%
3 Month25.68%
6 Month-21.54%
12 Month1.83%
2 Year-54.81%
3 Year-59.66%
5 Year-64.86%
10 Year-91.61%
15 Year-91.72%
Volatility
ATR(14)0.48
ATR(20)%7.77%
ATR Inc153.1%
Range Today1.09
ADR(20)0.45
ADR(20)%7.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.51
Mansfield0.3
10 Day High6.06
10 Day Low3.88
20 Day High6.06
20 Day Low3.88
52 Week High26.7
52 Week Low3.8
CS1 End4.15
CR1 Start6.56
Volume & EV
DER(3)2.52%
DER(5)8.6%
Volume78.30K
Volume Incr31.7%
Vol(5)38.70K
Vol(50)20.59K