RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CC
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High volatility in Chemours stock price on Thursday which ended trading at $26.26
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The Chemours stock price fell by -9.07% on the last day (Thursday, 28th Mar 2024) from $28.88 to $26.26. During the last trading day the stock fluctuated 13.02% from a day low at $24.24 to a day high of $27.40. The price has been going up and down for this period, and there has been a -1.46% loss for the last 2 weeks. Volume has increased on the last day by 5 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 6 million shares were bought and sold for approximately $166.04 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -17.57% during the next 3 months and, with a 90% probability hold a price between $14.56 and $23.72 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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CC Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Chemours stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $27.61 and $26.95. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -9.07%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Chemours stock

Chemours finds support from accumulated volume at $25.36 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $3.16 between high and low, or 13.02%. For the last week, the stock has had daily average volatility of 6.00%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CC) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Chemours Company (The) to open at $25.97, and during the day (based on 14 day Average True Range), to move between $24.69 and $27.83, which gives a possible trading interval of +/-$1.57 (+/-5.96%) up or down from last closing price. If Chemours Company (The) takes out the full calculated possible swing range there will be an estimated 11.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $26.64 (1.45%) than the support at $25.36 (3.43%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Chemours Company (The) stock A Buy?

Chemours holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

Current score: -4.707 Sell Candidate Downgraded

Predicted Opening Price for Chemours Company (The) of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$25.97 ( 1.11%) $26.26

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 29.12 10.91 %
R2 27.92 6.32 %
R1 27.17 3.48 %
Current price: 26.26
Support S1 24.76 -5.71 %
S2 24.02 -8.54 %
S3 22.81 -13.14 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 27.82 5.94 %
R2 27.80 5.86 %
R1 26.64 1.45 %
Current price 26.26
Support S1 25.36 -3.43%
S2 20.78 -20.87%
S3 20.51 -21.90%

CC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 12, 2024 Feb 23, 2024 Mar 15, 2024 $0.250 0.92%
2 Oct 26, 2023 Nov 14, 2023 Dec 15, 2023 $0.250 0.82%
3 Jul 26, 2023 Aug 14, 2023 Sep 15, 2023 $0.250 0.785%
4 Apr 27, 2023 May 12, 2023 Jun 15, 2023 $0.250 0.729%
5 Feb 06, 2023 Feb 23, 2023 Mar 15, 2023 $0.250 0.88%

FAQ

What is the symbol for Chemours Stock and on which exchange is it traded?
The symbol for Chemours is CC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Chemours Stock?
Chemours holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

How to buy Chemours Stock?
Chemours Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Chemours Stock.

What's the current price of Chemours Stock?
As of the end of day on the 2024-03-28, the price of an Chemours (CC) share was $26.26.

What is the 52-week high and low for Chemours Stock?
The 52-week high for Chemours Stock is $39.03 and the 52-week low is $15.10.

What is the market capitalization of Chemours Stock?
As of the 2024-03-28, the market capitalization of Chemours is 3.898B.

When is the next earnings date for Chemours?
The upcoming earnings date for Chemours is Apr 25, 2024.
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About Chemours Company (The)

Chemours The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. It operates through four segments: Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions. The Titanium Technologies segment provides TiO2 pigment under the Ti-Pure and BaiMax brands for delivering whiteness, brightness, opacity, and protection in variou... CC Profile

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