CIPHER MINING INC (CIFR) Stock Technical Analysis
NASDAQ:CIFR - Nasdaq - US17253J1060 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CIFR. CIFR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
65% of all other stocks performed better in the past year than CIFR.
CIFR is currently trading in the lower part 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.
In the last month CIFR has a been trading in the 3.85 - 6.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CIFR has an average volume of 13354200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CIFR is part of the Software industry. There are 283 other stocks in this industry, CIFR did better than 56% of them.
The technical rating of CIFR is bad and it also does not present a 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.
More info and screens
2.89
5.96
When analyzing the support we can see 2 important areas.
- Support @3.96 from a horizontal line in the daily time frame.
- Support @2.92 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.39 to 5.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.90 from a trend 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
CRS35.71
Mansfield-1.91
10 Day High6.44
10 Day Low3.85
20 Day High6.45
20 Day Low3.85
52 Week High7.99
52 Week Low2.66
Performance
1 Week-25.68%
2 Weeks-31.77%
1 Month-13.19%
3 Month-39.1%
6 Month16.24%
12 Month32.04%
2 Year168.42%
3 Year33.77%
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)-0.22
RSI(14)33.07
LBB3.66
UBB6.95
4.08
+0.11 (+2.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.77%
1 Week-25.68%
2 Weeks-31.77%
1 Month-13.19%
3 Month-39.1%
6 Month16.24%
12 Month32.04%
2 Year168.42%
3 Year33.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%14.57%
ATR Inc11.09%
Range Today0.25
ADR(20)0.54
ADR(20)%13.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.71
Mansfield-1.91
10 Day High6.44
10 Day Low3.85
20 Day High6.45
20 Day Low3.85
52 Week High7.99
52 Week Low2.66
CS1 End3.96
CR1 Start5.39
Volume & EV
DER(3)2.76%
DER(5)0.57%
Volume39.09M
Volume Incr116.13%
Vol(5)30.07M
Vol(50)13.35M