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 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CMBT was also a bad performer in the overall market in the last year.
100% of all other stocks performed better in the past year than CMBT.
CMBT is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 92% of 211 stocks in the same industry do better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month CMBT has a been trading in the 9.00 - 10.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of CMBT 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.
More info and screens
8.61
10.01
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.29 to 9.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.08 from a trend line in the daily time frame.
- A support zone ranging from 8.70 to 8.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.75 to 9.91. 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 | NEUTRAL | NEUTRAL | The long term trend for CMBT is neutral. |
| 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) | UP | POSITIVE | The current price of CMBT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMBT is above the rising 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) | 56.99 | NEUTRAL | The RSI value for CMBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CMBT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.27 | NEUTRAL | The Stochastics value for CMBT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for CMBT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.67 | 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)
9.61
+0.18 (+1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.91%
1 Week3.89%
2 Weeks1.69%
1 Month5.03%
3 Month18.64%
6 Month-5.41%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%2.91%
ATR Inc40.61%
Range Today0.27
ADR(20)0.27
ADR(20)%2.81%
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 Low9
20 Day High10
20 Day Low9
52 Week HighN/A
52 Week LowN/A
CS1 End9.2
CR1 Start9.23
Volume & EV
DER(3)4.39%
DER(5)1.65%
Volume114.30K
Volume Incr-40.76%
Vol(5)68.02K
Vol(50)131.38K