We assign a technical rating of 0 out of 10 to CDT. CDT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, CDT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for CDT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.73
When analyzing the resistance we notice one important area.
- Resistance @1.99 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for CDT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CDT is down. |
| ChartMill Relative Strength | 0.76 | NEGATIVE | CDT has a low relative strength, it was outperformed by 99.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CDT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CDT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CDT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.49 | NEUTRAL | The RSI value for CDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests CDT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.53 | NEUTRAL | The Stochastics value for CDT is a neutral value. |
| Average True Range in percent/ATR (20) | 14.43 | HIGH VOLATILITY | The high ATR as a percentage value for CDT suggests high volalility. |
| Average Directional Index/ADX (14) | 24.65 | NEUTRAL | The ADX value for CDT suggests a possible start of a new trend. |
1.75
-0.06 (-3.31%)
CDT EQUITY INC / CDT FAQ
What is the technical rating for CDT stock?
ChartMill assigns a technical rating of 0 / 10 to CDT.
What is the current trend direction of CDT EQUITY INC (CDT) stock?
The current trend direction for CDT EQUITY INC (CDT) is Bearish.
What is the RSI signal for CDT EQUITY INC (CDT) stock?
CDT EQUITY INC (CDT) has an RSI value of 38.494. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CDT EQUITY INC?
The MACD indicator for CDT EQUITY INC (CDT) has a value of 0.0956994, indicating a bearish trend.
What are the support and resistance levels for CDT EQUITY INC (CDT) stock?
CDT EQUITY INC (CDT) has a resistance level at 1.99. Check the full technical report for our detailed analysis of CDT support and resistance levels.