CIPHER MINING INC (CIFR)
US17253J1060 - Common Stock
We assign a technical rating of 10 out of 10 to CIFR. Both in the recent history as in the last year, CIFR has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CIFR did better than 91% of all other stocks. We also observe that the gains produced by CIFR over the past year are nicely spread over this period.
CIFR is one of the better performing stocks in the Software industry, it outperforms 84% of 281 stocks in the same industry.
CIFR has an average volume of 9879010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CIFR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CIFR is lagging the market slightly.
In the last month CIFR has a been trading in the 3.58 - 5.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CIFR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for CIFR 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
2.74
5.73
We found 4 important support areas.
- A support zone ranging from 4.89 to 4.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.49 to 4.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.92 from a trend line in the weekly time frame.
- A support zone ranging from 2.77 to 2.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @5.47 from a horizontal line in the weekly time frame.
- Resistance @5.58 from a trend line in the daily time frame.
- Resistance @5.67 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
CRS91.44
Mansfield1.88
10 Day High5.85
10 Day Low4.77
20 Day High5.85
20 Day Low3.58
52 Week High7.99
52 Week Low2.15
Performance
1 Week-10.95%
2 Weeks-6.32%
1 Month25.37%
3 Month23.83%
6 Month35.48%
12 Month69.13%
2 Year544.83%
3 Year-36.12%
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.05
RSI(14)55.01
LBB4.74
UBB5.75
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.48 | 4.88 | 0.60 (10.95%) | 9.13% |
| An entry @5.48. This is a Buy Stop order right above the resistance zone. | An exit @4.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.60 points, which is 10.95%. | For a 1.00% total portfolio risk, you can invest 9.13% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CIFR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CIPHER MINING INC
NASDAQ:CIFR (11/4/2024, 8:00:15 PM)
After market: 5.08 +0.04 (+0.79%)5.04
-0.21 (-4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4%
1 Week-10.95%
2 Weeks-6.32%
1 Month25.37%
3 Month23.83%
6 Month35.48%
12 Month69.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.44
ATR(20)%8.06%
ATR Inc
Range Today0.35
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.85
10 Day Low4.77
20 Day High5.85
20 Day Low3.58
52 Week High7.99
52 Week Low2.15
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume11.38M
Volume Incr16.75%
Vol(5)10.95M
Vol(50)9.88M