Technical Analysis for CCOI - Cogent Communications Group, Inc.

Grade Last Price % Change Price Change
D 55.24 -2.13% -1.20
CCOI closed down 2.13 percent on Monday, July 1, 2024, on approximately normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Gapped Down Weakness 0.00%
Crossed Above 20 DMA Bullish -2.13%
New Uptrend Bullish -2.13%
Pocket Pivot Bullish Swing Setup -2.13%
Volume Surge Other -2.13%
Up 3 Days in a Row Strength -2.13%
Oversold Stochastic Weakness 5.26%
Hammer Candlestick Bullish 5.62%
MACD Bullish Signal Line Cross Bullish 5.62%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 6 hours ago
Rose Above Previous Day's High about 11 hours ago
Up 1% about 11 hours ago
60 Minute Opening Range Breakout about 11 hours ago
Gap Down Partially Closed about 11 hours ago

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Profile

Cogent Communications Group, Inc. Description

Cogent Communications Group, Inc. provides high-speed Internet access, Internet Protocol, and communications services primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations in North America, Europe, and Japan. It offers on-net services to bandwidth-intensive users, such as universities, other Internet service providers, telephone companies, cable television companies, and commercial content providers; and multi-tenant office buildings, including law firms, financial services firms, advertising and marketing firms, and other professional services businesses. The company also provides its on-net services in carrier-neutral co-location facilities, company controlled data centers, and single-tenant office buildings. In addition, it offers off-net services to businesses that are connected to its network primarily by means of last mile access service lines obtained from other carriers primarily in the form of point-to-point carrier Ethernet, TDM, POS, and/or SDH circuits. Further, the company provides voice services; and Internet connectivity to customers that are not located in buildings directly connected to the company's network. Additionally, it operates 43 data centers that allow customers to co-locate their equipment and access its network. Cogent Communications Group, Inc. was founded in 1999 and is headquartered in Washington, D.C.


Classification

Sector: Communication Services
Industry: Telecom Services
Keywords: Computing Broadband Information And Communications Technology Internet Access Ethernet Data Center Cable TV Computer Network Internet Protocol Internet Cable Television Internet Service Provider Voice Services 3 D Communications Services Communications Service Providers Law Firms Local Loop Cable Television Companies Internet Connectivity High Speed Internet Access Telephone

Is CCOI 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 83.3849
52 Week Low 50.8
Average Volume 532,352
200-Day Moving Average 64.49
50-Day Moving Average 58.03
20-Day Moving Average 53.85
10-Day Moving Average 53.30
Average True Range 1.81
RSI (14) 50.25
ADX 30.6
+DI 27.85
-DI 22.43
Chandelier Exit (Long, 3 ATRs) 55.39
Chandelier Exit (Short, 3 ATRs) 56.23
Upper Bollinger Bands 57.66
Lower Bollinger Band 50.05
Percent B (%b) 0.68
BandWidth 14.14
MACD Line -1.09
MACD Signal Line -1.65
MACD Histogram 0.5635
Fundamentals Value
Market Cap 2.69 Billion
Num Shares 48.6 Million
EPS 22.56
Price-to-Earnings (P/E) Ratio 2.45
Price-to-Sales 4.78
Price-to-Book 8.51
PEG Ratio 83.41
Dividend 3.72
Dividend Yield 6.73%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 58.73
Resistance 3 (R3) 59.02 58.14 58.15
Resistance 2 (R2) 58.14 57.26 58.00 57.95
Resistance 1 (R1) 56.69 56.71 56.26 56.40 57.76
Pivot Point 55.82 55.82 55.60 55.67 55.82
Support 1 (S1) 54.37 54.93 53.93 54.08 52.72
Support 2 (S2) 53.49 54.38 53.35 52.53
Support 3 (S3) 52.04 53.49 52.33
Support 4 (S4) 51.75