CAMT Technical Analysis - CAMTEK LTD

Technical Rating and Analysis

Taking everything into account, CAMT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CAMT is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!

CAMT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month CAMT has a been trading in the 79.97 - 119.10 range, which is quite wide. It is currently trading near the high of this range.

Looking at the yearly performance, CAMT did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.

CAMT is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 69% of 112 stocks in the same industry.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although CAMT has an excellent technical rating, it does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

78.50

114.46

3 important support areas can be observed.

Support @83.88 from a trend line in the weekly time frame.
Support @82.32 from a trend line in the daily time frame.
Support @79.29 from a trend line in the daily time frame.

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Technical Indicator Signal Analysis

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	UP	POSITIVE	The long term trend for CAMT is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for CAMT is up.
ChartMill Relative Strength	87.21	POSITIVE	CAMT has a high relative strength, it outperformed 87.21% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of CAMT is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of CAMT is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of CAMT is above the rising SMA(200).
Relative Strength Index/RSI (14)	69.74	NEUTRAL	The RSI value for CAMT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	1.87	POSITIVE	The MACD value suggests CAMT has a positive trend, although the MACD value is declining.
Stochastics (14,3)	92.99	OVERBOUGHT	The high Stochastics value suggests CAMT may be overbought.
Average True Range in percent/ATR (20)	4.3	MEDIUM VOLATILITY	The ATR as a percentage value for CAMT suggests some volalility.
Average Directional Index/ADX (14)	33.35	POSITIVE	The high ADX value value for CAMT suggests a strong trend.