CABLE ONE INC (CABO) Stock Technical Analysis
NYSE:CABO - New York Stock Exchange, Inc. - US12685J1051 - Common Stock - Currency: USD
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CABO is a bad performer in the overall market: 97% of all stocks are doing better.
CABO is one of the lesser performing stocks in the Media industry. 81% of 98 stocks in the same industry do better.
CABO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month CABO has a been trading in the 130.15 - 166.46 range, which is quite wide. It is currently trading near the lows of this range.
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
128.98
278.91
We can see 5 important resistance areas.
- A resistance zone ranging from 146.48 to 146.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @216.73 from a trend line in the weekly time frame.
- Resistance @226.15 from a trend line in the daily time frame.
- Resistance @234.18 from a trend line in the daily time frame.
- Resistance @276.15 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for CABO is down. |
| ChartMill Relative Strength | 3.05 | NEGATIVE | CABO has a low relative strength, it was outperformed by 96.95% 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) | 32.81 | NEUTRAL | The RSI value for CABO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.12 | POSITIVE | The MACD value suggests CABO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 14.1 | OVERSOLD | The low Stochastics value suggests CABO may be oversold. |
| Average True Range in percent/ATR (20) | 6.91 | HIGH VOLATILITY | The high ATR as a percentage value for CABO suggests high volalility. |
| Average Directional Index/ADX (14) | 44.31 | POSITIVE | The high ADX value value for CABO suggests a strong 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)
130.28
-4.2 (-3.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-3.12%
1 Week-4.17%
2 Weeks-11.71%
1 Month-19.03%
3 Month-42.48%
6 Month-65.2%
12 Month-63.79%
2 Year-80.17%
3 Year-89.9%
5 Year-92.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.22
ATR(20)%6.91%
ATR Inc14.59%
Range Today5.81
ADR(20)8.86
ADR(20)%6.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.05
Mansfield-6.05
10 Day High148
10 Day Low130.15
20 Day High166.46
20 Day Low130.15
52 Week High437
52 Week Low130.15
CS1 EndN/A
CR1 Start146.48
Volume & EV
DER(3)0.56%
DER(5)-0.1%
Volume321.40K
Volume Incr-3.72%
Vol(5)226.72K
Vol(50)214.52K