CABLE ONE INC (CABO) Stock Technical Analysis
NYSE:CABO - US12685J1051 - Common Stock
157.89 USD
-5.05 (-3.1%)
157.89 USD
0 (0%)
Taking everything into account, CABO scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CABO was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, CABO is a bad performer in the overall market: 92% of all stocks are doing better.
CABO is part of the Media industry. There are 100 other stocks in this industry, of which 64% are performing better than CABO.
CABO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
CABO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CABO has an average technical rating and also the quality of the setup is only medium 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
131.09
297.04
We found 2 important support areas.
- A support zone ranging from 153.21 to 153.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @132.41 from a trend line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 163.79 to 163.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @169.44 from a trend line in the daily time frame.
- Resistance @179.61 from a trend line in the daily time frame.
- Resistance @277.22 from a trend line in the weekly time frame.
- Resistance @294.10 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for CABO is up. |
| ChartMill Relative Strength | 8.89 | NEGATIVE | CABO has a low relative strength, it was outperformed by 91.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CABO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CABO is above the rising 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) | 56.08 | NEUTRAL | The RSI value for CABO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1 | POSITIVE | The MACD value suggests CABO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.8 | OVERBOUGHT | The high Stochastics value suggests CABO may be overbought. |
| Average True Range in percent/ATR (20) | 5.39 | HIGH VOLATILITY | The high ATR as a percentage value for CABO suggests high volalility. |
| Average Directional Index/ADX (14) | 15.57 | NEGATIVE | The low ADX value for CABO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
157.89
-5.05 (-3.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-3.1%
1 Week3.05%
2 Weeks3.91%
1 Month23.37%
3 Month7.9%
6 Month-39.32%
12 Month-55.24%
2 Year-75.73%
3 Year-86.09%
5 Year-91.42%
10 Year-61.99%
15 YearN/A
Volatility
ATR(14)8.2
ATR(20)%5.39%
ATR Inc12.84%
Range Today8.89
ADR(20)8.22
ADR(20)%5.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.89
Mansfield-4.62
10 Day High164.5
10 Day Low150.41
20 Day High164.5
20 Day Low124.1
52 Week High437
52 Week Low117.54
CS1 End153.43
CR1 Start163.79
Volume & EV
DER(3)-0.92%
DER(5)0.18%
Volume84.64K
Volume Incr-42.24%
Vol(5)115.97K
Vol(50)198.75K