We assign a technical rating of 7 out of 10 to CAMT. CAMT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although CAMT has an excellent technical rating, the quality of the presented setup is 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
91.05
When analyzing the support we can see 2 important areas.
- A support zone ranging from 94.13 to 95.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @91.97 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 104.27 to 104.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @123.33 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CAMT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CAMT is neutral. |
| ChartMill Relative Strength | 90.34 | POSITIVE | CAMT has a high relative strength, it outperformed 90.34% off all stocks 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) | 47.4 | NEUTRAL | The RSI value for CAMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests CAMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.17 | NEUTRAL | The Stochastics value for CAMT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.84 | HIGH VOLATILITY | The high ATR as a percentage value for CAMT suggests high volalility. |
| Average Directional Index/ADX (14) | 19.78 | NEGATIVE | The low ADX value for CAMT suggests a weak or negative trend. |
104.26
+0.91 (+0.88%)
CAMTEK LTD / CAMT FAQ
What is the technical rating for CAMT stock?
ChartMill assigns a technical rating of 7 / 10 to CAMT.
Can you provide the trend direction for CAMTEK LTD?
The current trend direction for CAMTEK LTD (CAMT) is Bearish.
What is the RSI signal for CAMTEK LTD (CAMT) stock?
CAMTEK LTD (CAMT) has an RSI value of 47.3977. This indicates that the stock is currently neutral.
What is the MACD signal for CAMTEK LTD (CAMT) stock?
The MACD indicator for CAMTEK LTD (CAMT) has a value of -0.389812, indicating a bearish trend.