CMB TECH NV (CMBT) Stock Technical Analysis
NYSE:CMBT - New York Stock Exchange, Inc. - BE0003816338 - Common Stock - Currency: USD
Overall CMBT gets a technical rating of 0 out of 10. CMBT'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
100% of all other stocks performed better in the past year than CMBT.
CMBT is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 91% are performing better than CMBT.
In the last month CMBT has a been trading in the 8.65 - 9.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CMBT does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
8.61
10.01
We found 1 important support area.
- Support @8.70 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @8.85 from a trend line in the daily time frame.
- A resistance zone ranging from 9.07 to 9.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.75 to 9.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.91 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for CMBT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CMBT is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | CMBT has a low relative strength, it was outperformed by 100% 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) | DOWN | NEGATIVE | The current price of CMBT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CMBT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.37 | NEUTRAL | The RSI value for CMBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CMBT has a negative trend. |
| Stochastics (14,3) | 30.79 | NEUTRAL | The Stochastics value for CMBT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for CMBT suggests some volalility. |
| Average Directional Index/ADX (14) | 11.8 | NEGATIVE | The low ADX value for CMBT suggests a weak or negative trend. |
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)
8.83
-0.35 (-3.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.81%
1 Week1.38%
2 Weeks-6.36%
1 Month-6.36%
3 Month-0.9%
6 Month-21.3%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%4.12%
ATR Inc48.52%
Range Today0.59
ADR(20)0.35
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High9.7
10 Day Low8.65
20 Day High9.92
20 Day Low8.65
52 Week HighN/A
52 Week LowN/A
CS1 End8.7
CR1 Start8.85
Volume & EV
DER(3)-6.19%
DER(5)-7.67%
Volume211.30K
Volume Incr-1.21%
Vol(5)136.84K
Vol(50)119.69K