CAMTEK LTD (CAMT) Technical Analysis
NASDAQ:CAMT • IL0010952641
Current stock price
CAMT Technical Rating and Analysis
Taking everything into account, CAMT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CAMT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that CAMT is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by CAMT over the past year are nicely spread over this period.
- CAMT is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 71% of 115 stocks in the same industry.
- A new 52 week high is currently being made by CAMT, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month CAMT has a been trading in the 140.67 - 185.41 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 Weekly and Daily overview Charts
CAMT Setup Rating and Analysis
Although CAMT has an excellent technical rating, it does not present a decent entry opportunity 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
CAMT Support and Resistance Analysis
118.55
We found 5 important support areas.
- A support zone ranging from 179.30 to 179.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 152.63 to 155.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @148.10 from a horizontal line in the daily time frame.
- Support @125.09 from a trend line in the daily time frame.
- Support @119.75 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 179.79 to 180.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for CAMT is up. |
| ChartMill Relative Strength | 95.97 | POSITIVE | CAMT has a high relative strength, it outperformed 95.97% 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) | 61.02 | NEUTRAL | The RSI value for CAMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.69 | POSITIVE | The MACD value suggests CAMT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.33 | OVERBOUGHT | The high Stochastics value suggests CAMT may be overbought. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for CAMT suggests high volalility. |
| Average Directional Index/ADX (14) | 14.72 | NEGATIVE | The low ADX value for CAMT suggests a weak or negative trend. |
CAMT Chart- and CandleStick Pattern Analysis
CAMT Technicals: Chart, Performance Metrics, Trend & Indicators
179.78
-0.85 (-0.47%)
CAMTEK LTD / CAMT TA FAQ
What is the technical rating for CAMT stock?
ChartMill assigns a technical rating of 10 / 10 to CAMT.
What is the current trend direction of CAMTEK LTD (CAMT) stock?
The current trend direction for CAMTEK LTD (CAMT) is Bullish.
Can you provide the RSI signal for CAMTEK LTD?
CAMTEK LTD (CAMT) has an RSI value of 61.0238. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CAMTEK LTD?
The MACD indicator for CAMTEK LTD (CAMT) has a value of 1.68906, indicating a bullish trend.
Can you provide the buy/sell signal for CAMTEK LTD?
The buy/sell signal for CAMTEK LTD (CAMT) is buy as both the short term and long term trends are positive.