Technical Analysis for CTS - Converge Technology Solutions Corp

Grade Last Price % Change Price Change
C 5.380 1.89% 0.100
CTS closed up 1.89 percent on Friday, May 3, 2024, on approximately normal volume.
Earnings due: May 7
*** please verify all earnings dates ***
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Profile

Converge Technology Solutions Corp, formerly Norwick Capital Corp, is a Canada-based company that provides information technology (IT) solutions. The Company offers a platform of regionally-focused Hybrid IT solutions providers to assist them in their provision of multi-cloud solutions, blockchain, resiliency, and managed services, which enables the Company to address the business and IT issues that public and private-sector organizations face. Converge Technology Solutions Corp offers the following solutions: Hybrid IT, Cloud, Data Center, Collaboration, Security and Identity Management. Its portfolio companies include Becker-Carroll, BlueChipTek and Corus360, among others. The Company has offices across the United States, Canada and the United Kingdom.
Classification

Sector: Technology
Industry: Information Technology Services
Keywords: Security Information Computing Information Technology Labor Blockchain Digital Technology Cloud Computing Technology Solution Technology Solutions Cloud Infrastructure Collaboration Data Center It Infrastructure Identity Management Cloud Solution

Is CTS 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 6.06
52 Week Low 2.245
Average Volume 558,912
200-Day Moving Average 3.968
50-Day Moving Average 5.477
20-Day Moving Average 5.449
10-Day Moving Average 5.480
Average True Range 0.181
RSI (14) 47.09
ADX 15.62
+DI 17.593
-DI 24.738
Chandelier Exit (Long, 3 ATRs) 5.248
Chandelier Exit (Short, 3 ATRs) 5.722
Upper Bollinger Bands 5.708
Lower Bollinger Band 5.189
Percent B (%b) 0.37
BandWidth 9.529
MACD Line -0.029
MACD Signal Line 0.002
MACD Histogram -0.0311
Fundamentals Value
Market Cap 740.15 Million
Num Shares 138 Million
EPS -0.22
Price-to-Earnings (P/E) Ratio -24.23
Price-to-Sales 0.38
Price-to-Book 10.54
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.545
Resistance 3 (R3) 5.530 5.460 5.518
Resistance 2 (R2) 5.460 5.418 5.468 5.508
Resistance 1 (R1) 5.420 5.392 5.385 5.435 5.499
Pivot Point 5.350 5.350 5.333 5.358 5.350
Support 1 (S1) 5.310 5.308 5.275 5.325 5.261
Support 2 (S2) 5.240 5.282 5.248 5.252
Support 3 (S3) 5.200 5.240 5.243
Support 4 (S4) 5.215