CAMBIUM NETWORKS CORP (CMBM)

KYG177661090 - Common Stock

4.05  +0.11 (+2.79%)

After market: 4.24 +0.19 (+4.69%)

Technical Rating and Analysis

1

Taking everything into account, CMBM scores 1 out of 10 in our technical rating. CMBM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, CMBM is a bad performer in the overall market: 94% of all stocks are doing better.
CMBM is part of the Communications Equipment industry. There are 54 other stocks in this industry, of which 88% are performing better than CMBM.
CMBM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CMBM has a been trading in the 2.92 - 4.29 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
CMBM Weekly chart
CMBM Daily chart
Setup Rating and Analysis

3

The technical rating of CMBM 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.

Support and Resistance Analysis

4.01

6.70

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 4.08 to 4.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 4.63 to 4.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @4.73 from a horizontal line in the daily time frame.
  • Resistance @6.63 from a trend line 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
CRS6.75
Mansfield-5.28
10 Day High4.17
10 Day Low3.26
20 Day High4.29
20 Day Low2.93
52 Week High18.09
52 Week Low2.93
Performance
1 Week19.47%
2 Weeks16.71%
1 Month-4.93%
3 Month-9.19%
6 Month6.3%
12 Month-72.18%
2 Year-71.66%
3 Year-92.98%
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)0.08
RSI(14)55.91
LBB3.1
UBB4.09
CMBM Daily chart

CAMBIUM NETWORKS CORP

NASDAQ:CMBM (5/7/2024, 7:00:00 PM)

After market: 4.24 +0.19 (+4.69%)

4.05

+0.11 (+2.79%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg2.79%
1 Week19.47%
2 Weeks16.71%
1 Month-4.93%
3 Month-9.19%
6 Month6.3%
12 Month-72.18%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.28
ATR(20)%6.37%
ATR Inc
Range Today0.26
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 High4.17
10 Day Low3.26
20 Day High4.29
20 Day Low2.93
52 Week High18.09
52 Week Low2.93
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume110.10K
Volume Incr-36%
Vol(5)79.06K
Vol(50)108.68K