CAMTEK LTD (CAMT) Stock Technical Analysis
NASDAQ:CAMT - Nasdaq - IL0010952641 - Common Stock - Currency: USD
Overall CAMT gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CAMT is only an average performer.
The long and short term trends are both positive. This is looking good!
CAMT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CAMT is lagging the market slightly.
In the last month CAMT has a been trading in the 78.49 - 97.80 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that CAMT is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
CAMT is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 62% of 110 stocks in the same industry.
Besides having an excellent technical rating, CAMT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
49.54
96.77
We found 3 important support areas.
- Support @87.95 from a horizontal line in the daily time frame.
- A support zone ranging from 80.95 to 81.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.04 from a horizontal 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 | 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 | 77.89 | POSITIVE | CAMT has a high relative strength, it outperformed 77.89% 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) | 73.42 | OVERBOUGHT | The high RSI value suggests CAMT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CAMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.16 | NEUTRAL | The Stochastics value for CAMT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for CAMT suggests some volalility. |
| Average Directional Index/ADX (14) | 25.23 | POSITIVE | The high ADX value value for CAMT suggests a strong 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 97.81 | 84.49 | 13.32 (13.62%) | 7.34% |
| An entry @97.81. This is a Buy Stop order right above the 10 day high. | An exit @84.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 13.32 points, which is 13.62%. | When investing 7.34% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
95.81
+1.57 (+1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.67%
1 Week3.57%
2 Weeks7.17%
1 Month13.92%
3 Month43.97%
6 Month-4.9%
12 Month-5.11%
2 Year101.24%
3 Year228.68%
5 Year537.46%
10 Year3238.33%
15 Year3613.57%
Volatility
ATR(14)3.27
ATR(20)%3.57%
ATR Inc-29.14%
Range Today2.17
ADR(20)3.15
ADR(20)%3.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.89
Mansfield1.12
10 Day High97.8
10 Day Low84.5
20 Day High97.8
20 Day Low78.49
52 Week High110.73
52 Week Low47.41
CS1 End87.95
CR1 StartN/A
Volume & EV
DER(3)-3.49%
DER(5)-2.13%
Volume243.00K
Volume Incr-29.15%
Vol(5)343.10K
Vol(50)385.65K