CAMTEK LTD (CAMT) Stock Technical Analysis
NASDAQ:CAMT - Nasdaq - IL0010952641 - Common Stock - Currency: USD
Overall CAMT gets a technical rating of 5 out of 10. In the last year, CAMT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month CAMT has a been trading in the 80.28 - 101.73 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, CAMT turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
CAMT is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, CAMT did better than 55% of them.
CAMT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CAMT is lagging the market.
CAMT has an average technical rating and the quality of the presented setup is also not ideal 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
49.54
98.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 81.39 to 82.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @50.04 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 83.07 to 84.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 88.13 to 89.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @93.16 from a trend line in the weekly time frame.
- Resistance @97.85 from a trend 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 | UP | POSITIVE | The long term trend for CAMT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CAMT is down. |
| ChartMill Relative Strength | 55.12 | NEUTRAL | CAMT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CAMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CAMT is below 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) | 40.91 | NEUTRAL | The RSI value for CAMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.05 | NEGATIVE | The MACD value suggests CAMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.14 | OVERSOLD | The low Stochastics value suggests CAMT may be oversold. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for CAMT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.57 | NEUTRAL | The ADX value for CAMT suggests a possible start of a new 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)
82.42
-0.94 (-1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.13%
1 Week-6.48%
2 Weeks1.27%
1 Month-11.41%
3 Month26.82%
6 Month7.89%
12 Month-15.87%
2 Year36.68%
3 Year205.26%
5 Year433.81%
10 Year2975.37%
15 Year3483.48%
Volatility
ATR(14)3.92
ATR(20)%4.57%
ATR Inc-35.87%
Range Today2.92
ADR(20)3.36
ADR(20)%4.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.12
Mansfield-0.25
10 Day High88.81
10 Day Low80.28
20 Day High101.73
20 Day Low80.28
52 Week High110.73
52 Week Low47.41
CS1 End82.41
CR1 Start83.07
Volume & EV
DER(3)5.19%
DER(5)4.6%
Volume303.50K
Volume Incr-32.86%
Vol(5)280.68K
Vol(50)419.64K