Technical Analysis for CNU - Chorus Ltd  

Grade Last Price % Change Price Change
grade C 6.76 -7.52% -0.550
CNU closed down 7.52 percent on Friday, July 10, 2020, on 3.75 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical CNU trend table...

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Volume Surge Other 0.00%
Doji - Bullish? Reversal 0.00%
Upper Bollinger Band Walk Strength 0.00%
Below Lower BB Weakness 0.00%

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Profile

Chorus Limited provides fixed line communications infrastructure services. The Company maintains a network made up of local telephone exchanges, cabinets, copper and fiber cables. The Company's product portfolio includes a range of broadband, data and voice wholesale services. It includes a mix of regulated and commercial products. Its network products include the copper voice input Unbundled Copper Low Frequency Service (UCLFS), Unbundled Copper Local Loop (UCLL), Sub Loop Unbundling (SLU), Sub Loop Extension Service (SLES) and Basic Unbundled Bitstream Access (Basic UBA) (including broadband naked Basic UBA connections). It provides Ultra-Fast Broadband (UFB) backhaul and direct fiber access services, which provide point-to-point networking solutions and can be used to deliver backhaul connections to mobile sites. The Company also provides Bandwidth Fiber Access Service and High Speed Network Service (HSNS) Premium fiber connections. The Company has operations in New Zealand.
Telecommunications Broadband Network Architecture Backhaul Local Loop Sky

Is CNU a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 7.47
52 Week Low 4.54
Average Volume 576,145
200-Day Moving Average 6.159
50-Day Moving Average 6.964
20-Day Moving Average 7.060
10-Day Moving Average 7.082
Average True Range 0.261
ADX 16.72
+DI 16.470
-DI 34.945
Chandelier Exit (Long, 3 ATRs ) 6.646
Chandelier Exit (Short, 3 ATRs ) 7.114
Upper Bollinger Band 7.345
Lower Bollinger Band 6.775
Percent B (%b) -0.03
BandWidth 8.074
MACD Line 0.035
MACD Signal Line 0.046
MACD Histogram -0.011
Fundamentals Value
Market Cap 2.63 Billion
Num Shares 389 Million
EPS 0.17
Price-to-Earnings (P/E) Ratio 39.76
Price-to-Sales 1.81
Price-to-Book 2.08
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.525
Resistance 3 (R3) 7.467 7.153 7.398
Resistance 2 (R2) 7.153 6.959 7.183 7.355
Resistance 1 (R1) 6.957 6.838 6.800 7.015 7.312
Pivot Point 6.643 6.643 6.565 6.673 6.643
Support 1 (S1) 6.447 6.449 6.290 6.505 6.208
Support 2 (S2) 6.133 6.328 6.163 6.165
Support 3 (S3) 5.937 6.133 6.123
Support 4 (S4) 5.995