CCCL Stock Forecast and Price Target (China Ceramics Co. stock)

CCCL Stock Trend

The stock is at the lower part of a very wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $2.52 will give a strong sell signal and a trend shift may be expected.

Given the current horizontal trend, you can expect China Ceramics Co. stock with a 90% probability to be traded between $2.51 and $4.03 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

WARNING: Trend forecast is still in the development phase and should be used with caution. Some cases might produce unexpected results such as negative prices at the end of the trend.

Data

Date	Bottom	Mid	Top
2021-09-20	$2.52	$3.29	$4.06
2021-09-21	$2.52	$3.29	$4.06
2021-09-22	$2.52	$3.29	$4.06
2021-09-23	$2.52	$3.29	$4.06
2021-09-24	$2.52	$3.29	$4.06
2021-09-27	$2.52	$3.29	$4.06
2021-09-28	$2.52	$3.29	$4.06
2021-09-29	$2.52	$3.29	$4.06
2021-09-30	$2.52	$3.29	$4.06
2021-10-01	$2.52	$3.29	$4.06
2021-10-04	$2.52	$3.29	$4.06
2021-10-05	$2.52	$3.29	$4.05
2021-10-06	$2.52	$3.29	$4.05
2021-10-07	$2.52	$3.29	$4.05
2021-10-08	$2.52	$3.28	$4.05
2021-10-11	$2.52	$3.28	$4.05
2021-10-12	$2.51	$3.28	$4.05
2021-10-13	$2.51	$3.28	$4.05
2021-10-14	$2.51	$3.28	$4.05
2021-10-15	$2.51	$3.28	$4.05
2021-10-18	$2.51	$3.28	$4.05
2021-10-19	$2.51	$3.28	$4.05
2021-10-20	$2.51	$3.28	$4.05
2021-10-21	$2.51	$3.28	$4.05
2021-10-22	$2.51	$3.28	$4.05
2021-10-25	$2.51	$3.28	$4.05
2021-10-26	$2.51	$3.28	$4.05
2021-10-27	$2.51	$3.28	$4.05
2021-10-28	$2.51	$3.28	$4.05
2021-10-29	$2.51	$3.28	$4.05

About China Ceramics Co.

China Ceramics Co., Ltd., through its subsidiaries, manufactures and sells ceramic tiles for exterior siding and interior flooring, and design in residential and commercial buildings in the People's Republic of China and internationally. It provides porcelain tiles, glazed tiles, glazed porcelain tiles, rustic tiles, and polished glazed tiles. The company sells its products under the Hengda, Hengdeli, Pottery Capital of Tang Dynasty, TOERTO, and ... Read more

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