CAMTEK LTD (CAMT) Stock Technical Analysis
USA - NASDAQ:CAMT - IL0010952641 - Common Stock
87.02 USD
+2.91 (+3.46%)
86.92 USD
-0.1 (-0.11%)
Taking everything into account, CAMT scores 3 out of 10 in our technical rating. CAMT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, CAMT did better than 73% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
CAMT is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry, CAMT did better than 61% 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.
In the last month CAMT has a been trading in the 75.75 - 89.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of CAMT is bad and it also does not present a 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.
More info and screens
49.54
99.92
When analyzing the support we can see 3 important areas.
- A support zone ranging from 78.51 to 78.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @76.73 from a horizontal line in the daily time frame.
- 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 87.50 to 88.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @91.17 from a trend line in the weekly time frame.
- A resistance zone ranging from 95.81 to 96.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @98.93 from a horizontal 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 | 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 | 73.3 | POSITIVE | CAMT has a high relative strength, it outperformed 73.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CAMT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CAMT is below a declining 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) | 56.1 | NEUTRAL | The RSI value for CAMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.6 | POSITIVE | The MACD value suggests CAMT has a positive trend. |
| Stochastics (14,3) | 60.3 | NEUTRAL | The Stochastics value for CAMT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for CAMT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.3 | NEGATIVE | The low ADX value for CAMT suggests a weak or negative 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)
87.02
+2.91 (+3.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg3.46%
1 Week10.5%
2 Weeks-0.91%
1 Month-0.03%
3 Month23.73%
6 Month32.07%
12 Month7.26%
2 Year39.77%
3 Year275.57%
5 Year465.8%
10 Year3272.87%
15 Year3366.93%
Volatility
ATR(14)3.3
ATR(20)%3.61%
ATR Inc45.21%
Range Today5.26
ADR(20)2.83
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.3
Mansfield0.09
10 Day High87.85
10 Day Low75.75
20 Day High89.62
20 Day Low75.75
52 Week High110.73
52 Week Low47.41
CS1 End78.75
CR1 Start87.5
Volume & EV
DER(3)-1.97%
DER(5)-0.64%
Volume1.95M
Volume Incr79.09%
Vol(5)549.89K
Vol(50)385.97K