CAMTEK LTD (CAMT) Technical Analysis
NASDAQ:CAMT • IL0010952641
Current stock price
CAMT Technical Rating and Analysis
Overall CAMT gets a technical rating of 9 out of 10. In the last year, CAMT was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that CAMT is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by CAMT over the past year are nicely spread over this period.
- CAMT is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry. CAMT outperforms 82% of them.
- CAMT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CAMT is performing more or less in line with the market.
- In the last month CAMT has a been trading in the 142.35 - 174.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CAMT Weekly and Daily overview Charts
CAMT Setup Rating and Analysis
CAMT has an excellent technical rating and 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. There is a support zone below the current price at 148.95, a Stop Loss order could be placed below this zone.
More info and screens
CAMT Support and Resistance Analysis
113.48
When analyzing the support we can see 3 important areas.
- A support zone ranging from 147.30 to 148.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 117.96 to 118.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @114.63 from a trend line in the weekly time frame.
CAMT Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for CAMT is neutral. |
| ChartMill Relative Strength | 96.44 | POSITIVE | CAMT has a high relative strength, it outperformed 96.44% 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 | 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) | 48.29 | NEUTRAL | The RSI value for CAMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.27 | NEGATIVE | The MACD value suggests CAMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.68 | NEUTRAL | The Stochastics value for CAMT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.64 | HIGH VOLATILITY | The high ATR as a percentage value for CAMT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.19 | NEUTRAL | The ADX value for CAMT suggests a possible start of a new trend. |
CAMT Chart- and CandleStick Pattern Analysis
CAMT Example Setup
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 |
|---|---|---|---|
| 156.78 | 147.29 | 9.49 (6.05%) | 16.52% |
| An entry @156.78. This is a Buy Stop order right above the 10 day moving average. | An exit @147.29. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 9.49 points, which is 6.05%. | When investing 16.52% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CAMT. Please evaluate whether better entry and exit points can be found.
- 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.
CAMT Technicals: Chart, Performance Metrics, Trend & Indicators
152.31
+3.33 (+2.24%)
CAMTEK LTD / CAMT TA FAQ
What is the technical rating for CAMT stock?
ChartMill assigns a technical rating of 9 / 10 to CAMT.
What is the current trend direction of CAMTEK LTD (CAMT) stock?
The current trend direction for CAMTEK LTD (CAMT) is Bullish.
What is the RSI signal for CAMTEK LTD (CAMT) stock?
CAMTEK LTD (CAMT) has an RSI value of 48.2942. This indicates that the stock is currently neutral.
What is the short term momentum for CAMT stock?
The short term momentum for CAMTEK LTD (CAMT) is neutral.
What are the support and resistance levels for CAMTEK LTD (CAMT) stock?
CAMTEK LTD (CAMT) has a support level at 148.95. Check the full technical report for our detailed analysis of CAMT support and resistance levels.