CABLE ONE INC (CABO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CABO - US12685J1051 - Common Stock
We assign a technical rating of 1 out of 10 to CABO. CABO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CABO has a poor technical rating and the quality of the setup is also not perfect 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.
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116.74
When analyzing the resistance we notice 3 important areas.
- Resistance @118.51 from a trend line in the weekly time frame.
- A resistance zone ranging from 125.13 to 127.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 129.95 to 134.41. 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 | 6.16 | NEGATIVE | CABO has a low relative strength, it was outperformed by 93.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CABO is below the rising 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) | 41.91 | NEUTRAL | The RSI value for CABO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.82 | NEGATIVE | The MACD value suggests CABO has a negative trend. |
| Stochastics (14,3) | 15.39 | OVERSOLD | The low Stochastics value suggests CABO may be oversold. |
| Average True Range in percent/ATR (20) | 5.24 | HIGH VOLATILITY | The high ATR as a percentage value for CABO suggests high volalility. |
| Average Directional Index/ADX (14) | 22.95 | NEUTRAL | The ADX value for CABO suggests a possible start of a new trend. |
117.92
+0.99 (+0.85%)
CABLE ONE INC / CABO FAQ
Can you provide the ChartMill technical rating for CABLE ONE INC?
ChartMill assigns a technical rating of 1 / 10 to CABO.
Can you provide the trend direction for CABLE ONE INC?
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 41.9146. This indicates that the stock is currently neutral.
What is the MACD signal for CABO stock?
The MACD indicator for CABLE ONE INC (CABO) has a value of -0.821993, indicating a bearish trend.
What is the short term momentum for CABO stock?
The short term momentum for CABLE ONE INC (CABO) is negative.