CION INVESTMENT CORP (CION) Stock Technical Analysis
NYSE:CION - New York Stock Exchange, Inc. - US17259U2042 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CION. CION 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CION is a bad performer in the overall market: 71% of all stocks are doing better.
CION is part of the Capital Markets industry. There are 230 other stocks in this industry, of which 64% are performing better than CION.
In the last month CION has a been trading in the 8.51 - 10.56 range, which is quite wide. It is currently trading near the high of this range.
CION is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of CION 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
10.04
12.64
3 important resistance areas can be observed.
- A resistance zone ranging from 10.15 to 10.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.33 to 12.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.18
Mansfield-1.07
10 Day High10.17
10 Day Low8.93
20 Day High10.56
20 Day Low8.51
52 Week High12.71
52 Week Low8.51
Performance
1 Week9.15%
2 Weeks14.97%
1 Month-2.97%
3 Month-13.48%
6 Month-12.96%
12 Month-12.44%
2 Year6.96%
3 Year-9.46%
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)0.19
RSI(14)52.39
LBB8.51
UBB10.32
10.14
+0.06 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.6%
1 Week9.15%
2 Weeks14.97%
1 Month-2.97%
3 Month-13.48%
6 Month-12.96%
12 Month-12.44%
2 Year6.96%
3 Year-9.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%3.93%
ATR Inc-60.88%
Range Today0.16
ADR(20)0.36
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.18
Mansfield-1.07
10 Day High10.17
10 Day Low8.93
20 Day High10.56
20 Day Low8.51
52 Week High12.71
52 Week Low8.51
CS1 EndN/A
CR1 Start10.15
Volume & EV
DER(3)6.32%
DER(5)7.94%
Volume304.20K
Volume Incr-44.19%
Vol(5)289.02K
Vol(50)426.14K