CMC Materials Inc (CCMP)

US12571T1007 - Common Stock

173.69  +1.01 (+0.58%)

After market: 173.69 0 (0%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to CCMP. Although CCMP is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month CCMP has a been trading in the 170.70 - 181.83 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
CCMP is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 85% of 107 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, CCMP did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CCMP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CCMP is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CCMP Weekly chart
CCMP Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, CCMP does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 172.55, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

168.17

194.92

We found 1 important support area.

  • A support zone ranging from 169.87 to 172.55. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 173.76 to 176.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 181.42 to 185.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 192.98 to 192.99. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.22
Mansfield2.3
10 Day High181.29
10 Day Low170.7
20 Day High181.83
20 Day Low170.7
52 Week High197
52 Week Low119.19
Performance
1 Week-3.58%
2 Weeks0.65%
1 Month-3.79%
3 Month-0.91%
6 Month-8.32%
12 Month16.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.25
RSI(14)44.9
LBB170.37
UBB180.47
CCMP Daily chart

CMC Materials Inc

NASDAQ:CCMP (7/5/2022, 7:00:03 PM)

After market: 173.69 0 (0%)

173.69

+1.01 (+0.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.58%
1 Week-3.58%
2 Weeks0.65%
1 Month-3.79%
3 Month-0.91%
6 Month-8.32%
12 Month16.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.9
ATR(20)%1.53%
ATR Inc
Range Today3.5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High181.29
10 Day Low170.7
20 Day High181.83
20 Day Low170.7
52 Week High197
52 Week Low119.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.16M
Volume Incr230.11%
Vol(5)1.33M
Vol(50)465.56K