CMB TECH NV (CMBT) Technical Analysis
NYSE:CMBT • BE0003816338
Current stock price
12.22 USD
-0.62 (-4.83%)
At close:
12.22 USD
0 (0%)
After Hours:
CMBT Technical Rating and Analysis
Taking everything into account, CMBT scores 5 out of 10 in our technical rating. In the last year, CMBT was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month CMBT has a been trading in the 11.86 - 14.93 range, which is quite wide. It is currently trading near the lows of this range.
- CMBT has an average volume of 2246430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Looking at the yearly performance, CMBT did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- CMBT is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, CMBT did better than 54% of them.
- CMBT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CMBT is lagging the market slightly.
CMBT Weekly and Daily overview Charts
CMBT Setup Rating and Analysis
CMBT has an average technical rating and also 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.
More info and screens
CMBT Support and Resistance Analysis
8.84
14.86
5 important support areas can be observed.
- A support zone ranging from 11.90 to 12.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.39 from a trend line in the daily time frame.
- Support @10.06 from a trend line in the weekly time frame.
- Support @9.20 from a horizontal line in the daily time frame.
- Support @8.93 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.61 to 12.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @14.71 from a trend line in the weekly time frame.
CMBT Technical Indicator Signal Analysis
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 CMBT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMBT is down. |
| ChartMill Relative Strength | 87.95 | POSITIVE | CMBT has a high relative strength, it outperformed 87.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMBT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CMBT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMBT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.38 | NEUTRAL | The RSI value for CMBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests CMBT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.73 | NEUTRAL | The Stochastics value for CMBT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for CMBT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.6 | NEUTRAL | The ADX value for CMBT suggests a possible start of a new trend. |
CMBT Chart- and CandleStick Pattern Analysis
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)
CMBT Technicals: Chart, Performance Metrics, Trend & Indicators
12.22
-0.62 (-4.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.83%
1 Week2.6%
2 Weeks-6.5%
1 Month-12.59%
3 Month27.29%
6 Month32.83%
12 Month30.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%4.31%
ATR Inc2.68%
Range Today0.48
ADR(20)0.44
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.95
3 months CRS94.18
6 months CRS92.42
Mansfield1.99
10 Day High13.56
10 Day Low11.86
20 Day High14.93
20 Day Low11.86
52 Week High14.93
52 Week Low7.65
CS1 End12.2
CR1 Start12.61
Volume & EV
DER(3)-0.86%
DER(5)0.64%
Volume1.56M
Volume Incr-26.88%
Vol(5)1.61M
Vol(50)2.25M
CMB TECH NV / CMBT TA FAQ
What is the ChartMill technical rating of CMB TECH NV (CMBT) stock?
ChartMill assigns a technical rating of 5 / 10 to CMBT.
Can you provide the trend direction for CMB TECH NV?
The current trend direction for CMB TECH NV (CMBT) is Bullish.
What is the RSI signal for CMB TECH NV (CMBT) stock?
CMB TECH NV (CMBT) has an RSI value of 41.3765. This indicates that the stock is currently neutral.
What is the short term momentum for CMB TECH NV (CMBT) stock?
The short term momentum for CMB TECH NV (CMBT) is negative.
What is the buy/sell signal for CMB TECH NV (CMBT) stock?
The buy/sell signal for CMB TECH NV (CMBT) is hold as the short term and long term trends are mixed.