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CAMERON INTERNATIONAL CORP (CAM) Stock Technical Analysis

NYSE:CAM - New York Stock Exchange, Inc. - US13342B1052

66.01  -1.04 (-1.55%)

After market: 66.2 +0.19 (+0.29%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to CAM. In the last year, CAM was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, CAM did better than 85% of all other stocks. On top of that, CAM also shows a nice and consistent pattern of rising prices.
CAM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CAM is performing more or less in line with the market.
CAM has an average volume of 2897620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CAM has a been trading in a tight range between 65.21 and 68.79.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CAMERON INTERNATIONAL CORP / CAM Weekly stock chart
CAMERON INTERNATIONAL CORP / CAM Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, CAM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

44.90

71.39

When analyzing the support we can see 2 important areas.

  • Support @58.56 from a horizontal line in the weekly time frame.
  • Support @45.35 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 66.12 to 68.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @70.68 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.16
Mansfield0.84
10 Day High68.11
10 Day Low65.21
20 Day High68.79
20 Day Low65.21
52 Week High71.22
52 Week Low40.5
Performance
1 Week0.02%
2 Weeks-1.95%
1 Month-2.67%
3 Month4.45%
6 Month5.55%
12 Month45.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.15
RSI(14)48.13
LBB65.64
UBB67.73
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
66.6965.201.49 (2.23%)25.00%
An entry @66.69. This is a Buy Stop order right above the 10 day moving average.An exit @65.20. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 1.49 points, which is 2.23%.For a 0.56% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of CAM. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CAMERON INTERNATIONAL CORP / CAM Daily stock chart

CAMERON INTERNATIONAL CORP

NYSE:CAM (4/1/2016, 8:29:10 PM)

After market: 66.2 +0.19 (+0.29%)

66.01

-1.04 (-1.55%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.55%
1 Week0.02%
2 Weeks-1.95%
1 Month-2.67%
3 Month4.45%
6 Month5.55%
12 Month45.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.22
ATR(20)%2.03%
ATR Inc-3.56%
Range Today1.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.16
Mansfield0.84
10 Day High68.11
10 Day Low65.21
20 Day High68.79
20 Day Low65.21
52 Week High71.22
52 Week Low40.5
CS1 End58.56
CR1 Start66.12
Volume & EV
DER(3)-3.09%
DER(5)-2.24%
Volume19.21M
Volume Incr264.36%
Vol(5)6.81M
Vol(50)2.90M