CLEAR CHANNEL OUTDOOR HOLDIN (CCO) Stock Technical Analysis
NYSE:CCO - New York Stock Exchange, Inc. - US18453H1068 - Common Stock
Overall CCO gets a technical rating of 1 out of 10. CCO 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
86% of all other stocks performed better in the past year than CCO.
CCO is one of the lesser performing stocks in the Media industry. 61% of 92 stocks in the same industry do better.
CCO 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.
CCO has an average volume of 1366170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CCO has a been trading in the 1.33 - 1.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CCO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.48. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.31
1.66
We found 2 important support areas.
- Support @1.37 from a trend line in the weekly time frame.
- A support zone ranging from 1.32 to 1.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.48 to 1.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.54 to 1.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.61 from a horizontal line in the daily time frame.
- Resistance @1.64 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.61
Mansfield-1.49
10 Day High1.54
10 Day Low1.37
20 Day High1.54
20 Day Low1.33
52 Week High2.06
52 Week Low1.29
Performance
1 Week0%
2 Weeks-1.36%
1 Month5.07%
3 Month-10.49%
6 Month-12.12%
12 Month-24.08%
2 Year-24.08%
3 Year-52.61%
5 Year-46.89%
10 Year-83.98%
15 Year-85.71%
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)0.01
RSI(14)49.08
LBB1.36
UBB1.52
CLEAR CHANNEL OUTDOOR HOLDIN
NYSE:CCO (1/21/2025, 8:04:00 PM)
After market: 1.44 -0.01 (-0.69%)1.45
-0.04 (-2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-2.68%
1 Week0%
2 Weeks-1.36%
1 Month5.07%
3 Month-10.49%
6 Month-12.12%
12 Month-24.08%
2 Year-24.08%
3 Year-52.61%
5 Year-46.89%
10 Year-83.98%
15 Year-85.71%
Volatility
ATR(14)0.07
ATR(20)%4.38%
ATR Inc-30%
Range Today0.05
ADR(20)0.06
ADR(20)%4.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.61
Mansfield-1.49
10 Day High1.54
10 Day Low1.37
20 Day High1.54
20 Day Low1.33
52 Week High2.06
52 Week Low1.29
CS1 End1.37
CR1 Start1.48
Volume & EV
DER(3)-3.67%
DER(5)-1.88%
Volume453.10K
Volume Incr-25.18%
Vol(5)1.13M
Vol(50)1.37M