Cellcom Israel (CEL) Stock Technical Analysis
NYSE:CEL
Taking everything into account, CEL scores 0 out of 10 in our technical rating. CEL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CEL is a bad performer in the overall market: 90% of all stocks are doing better.
- In the last month CEL has a been trading in the 3.55 - 5.49 range, which is quite wide. It is currently trading near the lows of this range.
- CEL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CEL is lagging the market.
- Volume is considerably higher in the last couple of days.
The technical rating of CEL 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
3.06
We found 3 important support areas.
- A support zone ranging from 3.59 to 3.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.29 from a trend line in the daily time frame.
- A support zone ranging from 3.09 to 3.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.78 to 3.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for CEL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CEL is down. |
| ChartMill Relative Strength | 10.36 | NEGATIVE | CEL has a low relative strength, it was outperformed by 89.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CEL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CEL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CEL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.71 | NEUTRAL | The RSI value for CEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.78 | OVERSOLD | The low Stochastics value suggests CEL may be oversold. |
| Average True Range in percent/ATR (20) | 6.85 | HIGH VOLATILITY | The high ATR as a percentage value for CEL suggests high volalility. |
3.77
+0.14 (+3.86%)
Cellcom Israel / CEL FAQ
What is the technical rating for CEL stock?
ChartMill assigns a technical rating of 0 / 10 to CEL.
What is the trend direction for CEL stock?
The current trend direction for Cellcom Israel (CEL) is Bearish.
What is the RSI signal for CEL stock?
Cellcom Israel (CEL) has an RSI value of 33.7099. This indicates that the stock is currently neutral.
What is the short term momentum for Cellcom Israel (CEL) stock?
The short term momentum for Cellcom Israel (CEL) is negative.
What is the buy/sell signal for CEL stock?
The buy/sell signal for Cellcom Israel (CEL) is sell as both the short term and long term trends are negative.