CAMTEK LTD (CAMT) Stock Technical Analysis
NASDAQ:CAMT - Nasdaq - IL0010952641 - Common Stock - Currency: USD
Taking everything into account, CAMT scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CAMT was also a bad performer in the overall market in the last year.
81% of all other stocks performed better in the past year than CAMT.
CAMT is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 62% of 110 stocks in the same industry do better.
CAMT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CAMT has a been trading in the 62.88 - 77.39 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
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
82.97
When analyzing the support we can see 2 important areas.
- A support zone ranging from 64.71 to 65.23. 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.
3 important resistance areas can be observed.
- Resistance @73.49 from a horizontal line in the weekly time frame.
- Resistance @75.88 from a horizontal line in the daily time frame.
- Resistance @82.15 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 | UP | POSITIVE | The short term trend for CAMT is up. |
| ChartMill Relative Strength | 19.26 | NEGATIVE | CAMT has a low relative strength, it was outperformed by 80.74% 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) | DOWN | NEGATIVE | The current price of CAMT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.47 | NEUTRAL | The RSI value for CAMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.69 | POSITIVE | The MACD value suggests CAMT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.31 | OVERBOUGHT | The high Stochastics value suggests CAMT may be overbought. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for CAMT suggests some volalility. |
| Average Directional Index/ADX (14) | 18.34 | 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)
73.44
-2.44 (-3.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.22%
1 Week1.77%
2 Weeks6.39%
1 Month5.17%
3 Month11.46%
6 Month-1.91%
12 Month-35.35%
2 Year106.12%
3 Year195.41%
5 Year483.78%
10 Year2570.55%
15 Year2922.22%
Volatility
ATR(14)2.89
ATR(20)%3.64%
ATR Inc-21.97%
Range Today1.34
ADR(20)2.33
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.26
Mansfield-1.55
10 Day High77.39
10 Day Low64.9
20 Day High77.39
20 Day Low62.88
52 Week High140.5
52 Week Low47.41
CS1 End65.23
CR1 Start73.49
Volume & EV
DER(3)1.02%
DER(5)0.73%
Volume217.20K
Volume Incr-43.83%
Vol(5)242.90K
Vol(50)391.63K