USA - NYSE:CM - CA1360691010 - Common Stock
Taking everything into account, CM scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CM is showing a nice and steady performance.
CM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
61.63
4 important support areas can be observed.
We found 1 important resistance area.
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 CM is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CM is up. |
ChartMill Relative Strength | 83.13 | POSITIVE | CM has a high relative strength, it outperformed 83.13% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of CM is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CM is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CM is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 51.83 | NEUTRAL | The RSI value for CM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests CM has a negative trend. |
Stochastics (14,3) | 36.53 | NEUTRAL | The Stochastics value for CM is a neutral value. |
Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for CM suggests low volalility. |
Average Directional Index/ADX (14) | 34.07 | POSITIVE | The high ADX value value for CM suggests a strong trend. |
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 |
---|---|---|---|
80.56 | 78.84 | 1.72 (2.14%) | 25.00% |
An entry @80.56. This is a Buy Stop order right above the 10 day moving average. | An exit @78.84. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.72 points, which is 2.14%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%. |
79.81
-0.14 (-0.18%)