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CION INVESTMENT CORP (CION) Stock Technical Analysis

NYSE:CION - New York Stock Exchange, Inc. - US17259U2042 - Common Stock - Currency: USD

11.63  +0.14 (+1.22%)

After market: 11.63 0 (0%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to CION. CION has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month CION has a been trading in the 10.77 - 11.76 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, CION outperforms 54% of them, which is more or less in line with the market.
CION is an average performer in the Capital Markets industry, it outperforms 52% of 223 stocks in the same industry.
CION is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CION is lagging the market.
Weekly and Daily overview Charts
CION INVESTMENT CORP / CION Weekly stock chart
CION INVESTMENT CORP / CION Daily stock chart
Setup Rating and Analysis

8

CION has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 11.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.61, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

10.78

12.69

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 11.44 to 11.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 10.89 to 10.96. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • Resistance @11.76 from a trend line in the daily time frame.
  • A resistance zone ranging from 12.06 to 12.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 12.52 to 12.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.65
Mansfield-0.85
10 Day High11.76
10 Day Low11.34
20 Day High11.76
20 Day Low10.77
52 Week High12.69
52 Week Low10.52
Performance
1 Week-0.77%
2 Weeks1.31%
1 Month5.06%
3 Month1.04%
6 Month-2.76%
12 Month5.15%
2 Year6.21%
3 Year-3.33%
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)0.02
RSI(14)56.05
LBB11.36
UBB11.71
CION INVESTMENT CORP / CION Daily stock chart

CION INVESTMENT CORP

NYSE:CION (2/7/2025, 8:19:40 PM)

After market: 11.63 0 (0%)

11.63

+0.14 (+1.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.22%
1 Week-0.77%
2 Weeks1.31%
1 Month5.06%
3 Month1.04%
6 Month-2.76%
12 Month5.15%
2 Year6.21%
3 Year-3.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.55%
ATR Inc-13.93%
Range Today0.2
ADR(20)0.18
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.65
Mansfield-0.85
10 Day High11.76
10 Day Low11.34
20 Day High11.76
20 Day Low10.77
52 Week High12.69
52 Week Low10.52
CS1 End11.61
CR1 Start11.76
Volume & EV
DER(3)-0.51%
DER(5)-5.41%
Volume180.80K
Volume Incr-12.27%
Vol(5)207.10K
Vol(50)276.45K