PC CONNECTION INC (CNXN) Stock Technical Analysis
NASDAQ:CNXN - Nasdaq - US69318J1007 - Common Stock - Currency: USD
Overall CNXN gets a technical rating of 0 out of 10. CNXN 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
75% of all other stocks performed better in the past year than CNXN.
CNXN is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 60% are performing better than CNXN.
CNXN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CNXN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CNXN is lagging the market.
CNXN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 68.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 63.51, a Stop Loss order could be placed below this zone.
More info and screens
62.49
75.82
When analyzing the support we notice one important area.
- A support zone ranging from 63.12 to 63.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 68.55 to 70.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 73.50 to 75.07. 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
CRS25.32
Mansfield-1.16
10 Day High66.76
10 Day Low63.29
20 Day High74.84
20 Day Low62.41
52 Week High77.19
52 Week Low57.47
Performance
1 Week-0.38%
2 Weeks1.65%
1 Month-10.64%
3 Month-10.6%
6 Month-9%
12 Month-4.62%
2 Year48.47%
3 Year33.29%
5 Year59.9%
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)-0.28
RSI(14)36.54
LBB60.35
UBB72.72
65.03
-0.26 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.4%
1 Week-0.38%
2 Weeks1.65%
1 Month-10.64%
3 Month-10.6%
6 Month-9%
12 Month-4.62%
2 Year48.47%
3 Year33.29%
5 Year59.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.52
ATR(20)%3.79%
ATR Inc-52.04%
Range Today1.83
ADR(20)2.38
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.32
Mansfield-1.16
10 Day High66.76
10 Day Low63.29
20 Day High74.84
20 Day Low62.41
52 Week High77.19
52 Week Low57.47
CS1 End63.51
CR1 Start68.55
Volume & EV
DER(3)-0.49%
DER(5)-0.13%
Volume145.40K
Volume Incr20.57%
Vol(5)106.64K
Vol(50)83.86K