We assign a technical rating of 7 out of 10 to CMBM. In the last year, CMBM was one of the better performers, but we do observe some doubts in the very recent evolution.
CMBM has an excellent technical rating, but the quality of the setup is only medium 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.
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1.52
When analyzing the support we notice one important area.
- A support zone ranging from 1.54 to 1.54. 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 | UP | POSITIVE | The long term trend for CMBM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMBM is down. |
| ChartMill Relative Strength | 97.32 | POSITIVE | CMBM has a high relative strength, it outperformed 97.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMBM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CMBM is below 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) | 41.66 | NEUTRAL | The RSI value for CMBM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CMBM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.78 | OVERSOLD | The low Stochastics value suggests CMBM may be oversold. |
| Average True Range in percent/ATR (20) | 17.36 | HIGH VOLATILITY | The high ATR as a percentage value for CMBM suggests high volalility. |
| Average Directional Index/ADX (14) | 33.87 | POSITIVE | The high ADX value value for CMBM suggests a strong trend. |
1.55
-0.07 (-4.32%)
CAMBIUM NETWORKS CORP / CMBM FAQ
Can you provide the ChartMill technical rating for CAMBIUM NETWORKS CORP?
ChartMill assigns a technical rating of 7 / 10 to CMBM.
What is the current trend direction of CAMBIUM NETWORKS CORP (CMBM) stock?
The current trend direction for CAMBIUM NETWORKS CORP (CMBM) is Bullish.
Can you provide the RSI signal for CAMBIUM NETWORKS CORP?
CAMBIUM NETWORKS CORP (CMBM) has an RSI value of 41.6589. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CAMBIUM NETWORKS CORP?
The MACD indicator for CAMBIUM NETWORKS CORP (CMBM) has a value of -0.0610939, indicating a bearish trend.
Can you provide the support and resistance levels for CAMBIUM NETWORKS CORP?
CAMBIUM NETWORKS CORP (CMBM) has a support level at 1.54. Check the full technical report for our detailed analysis of CMBM support and resistance levels.