CONCENTRIX CORP (CNXC)

US20602D1019 - Common Stock

40.48  +0.1 (+0.25%)

After market: 40.42 -0.06 (-0.15%)

Technical Rating and Analysis

1

Taking everything into account, CNXC scores 1 out of 10 in our technical rating. CNXC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CNXC is a bad performer in the overall market: 95% of all stocks are doing better.
CNXC is one of the lesser performing stocks in the IT Services industry. 85% of 83 stocks in the same industry do better.
CNXC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CNXC is lagging the market.
In the last month CNXC has a been trading in the 39.56 - 47.56 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.
Weekly and Daily overview Charts
CNXC Weekly chart
CNXC Daily chart
Setup Rating and Analysis

3

The technical rating of CNXC 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.

Support and Resistance Analysis

40.08

65.25

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 42.55 to 42.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 44.96 to 45.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 46.32 to 46.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @60.67 from a trend line in the weekly time frame.
  • Resistance @64.60 from a trend line in the weekly time frame.
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
CRS5.39
Mansfield-4.32
10 Day High47.56
10 Day Low39.56
20 Day High47.56
20 Day Low39.56
52 Week High106.1
52 Week Low36.28
Performance
1 Week-8.27%
2 Weeks-6.47%
1 Month2.33%
3 Month-36.13%
6 Month-33.27%
12 Month-59.17%
2 Year-69.6%
3 Year-77.34%
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)-0.38
RSI(14)39.27
LBB39.34
UBB47.38
CNXC Daily chart

CONCENTRIX CORP

NASDAQ:CNXC (12/20/2024, 8:03:29 PM)

After market: 40.42 -0.06 (-0.15%)

40.48

+0.1 (+0.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.25%
1 Week-8.27%
2 Weeks-6.47%
1 Month2.33%
3 Month-36.13%
6 Month-33.27%
12 Month-59.17%
2 Year-69.6%
3 Year-77.34%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.15
ATR(20)%5.33%
ATR Inc-31.74%
Range Today1.61
ADR(20)2.12
ADR(20)%5.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.39
Mansfield-4.32
10 Day High47.56
10 Day Low39.56
20 Day High47.56
20 Day Low39.56
52 Week High106.1
52 Week Low36.28
CS1 EndN/A
CR1 Start42.55
Volume & EV
DER(3)-1.62%
DER(5)-1.09%
Volume1.68M
Volume Incr11.43%
Vol(5)861.36K
Vol(50)722.17K