CABLE ONE INC (CABO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CABO - US12685J1051 - Common Stock
Taking everything into account, CABO scores 0 out of 10 in our technical rating. CABO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of CABO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
97.28
We can see 2 important resistance areas.
- Resistance @110.51 from a trend line in the weekly time frame.
- A resistance zone ranging from 120.77 to 124.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CABO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CABO is down. |
| ChartMill Relative Strength | 4.47 | NEGATIVE | CABO has a low relative strength, it was outperformed by 95.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CABO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CABO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CABO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.21 | NEUTRAL | The RSI value for CABO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.19 | NEGATIVE | The MACD value suggests CABO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.99 | OVERSOLD | The low Stochastics value suggests CABO may be oversold. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for CABO suggests high volalility. |
| Average Directional Index/ADX (14) | 30.7 | POSITIVE | The high ADX value value for CABO suggests a strong trend. |
98.26
-0.31 (-0.31%)
CABLE ONE INC / CABO FAQ
Can you provide the ChartMill technical rating for CABLE ONE INC?
ChartMill assigns a technical rating of 0 / 10 to CABO.
What is the trend direction for CABO stock?
The current trend direction for CABLE ONE INC (CABO) is Bearish.
Can you provide the RSI signal for CABLE ONE INC?
CABLE ONE INC (CABO) has an RSI value of 30.2078. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CABLE ONE INC?
The MACD indicator for CABLE ONE INC (CABO) has a value of -2.188, indicating a bearish trend.
What are the support and resistance levels for CABLE ONE INC (CABO) stock?
CABLE ONE INC (CABO) has a resistance level at 110.51. Check the full technical report for our detailed analysis of CABO support and resistance levels.