USA - NASDAQ:CMBM - KYG177661090 - Common Stock
We assign a technical rating of 9 out of 10 to CMBM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CMBM is showing a nice and steady performance.
Besides having an excellent technical rating, CMBM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
2.57
We found 1 important support area.
3 important resistance areas can be observed.
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 CMBM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMBM is up. |
| ChartMill Relative Strength | 98.84 | POSITIVE | CMBM has a high relative strength, it outperformed 98.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMBM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMBM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMBM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.17 | NEUTRAL | The RSI value for CMBM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CMBM has a negative trend. |
| Stochastics (14,3) | 22.85 | NEUTRAL | The Stochastics value for CMBM is a neutral value. |
| Average True Range in percent/ATR (20) | 34.06 | HIGH VOLATILITY | The high ATR as a percentage value for CMBM suggests high volalility. |
| Average Directional Index/ADX (14) | 49.18 | POSITIVE | The high ADX value value for CMBM suggests a strong trend. |
2.64
+0.03 (+1.15%)
ChartMill assigns a technical rating of 9 / 10 to CMBM.
The current trend direction for CAMBIUM NETWORKS CORP (CMBM) is Bullish.
CAMBIUM NETWORKS CORP (CMBM) has an RSI value of 57.1726. This indicates that the stock is currently neutral.
The MACD indicator for CAMBIUM NETWORKS CORP (CMBM) has a value of -0.0342241, indicating a bearish trend.
CAMBIUM NETWORKS CORP (CMBM) has a support level at 2.59 and a resistance level at 2.68. Check the full technical report for our detailed analysis of CMBM support and resistance levels.