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CAPITALWORKS EMERGING M-CL A (CMCA) Stock Technical Analysis

NASDAQ:CMCA - Nasdaq - KYG1889L1005 - Common Stock - Currency: USD

11.05  +0.03 (+0.26%)

After market: 10.93 -0.12 (-1.09%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to CMCA. Although CMCA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, CMCA outperforms 54% of them, which is more or less in line with the market.
CMCA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CMCA is lagging the market.
In the last month CMCA has a been trading in a tight range between 10.95 and 11.18.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CAPITALWORKS EMERGING M-CL A / CMCA Weekly stock chart
CAPITALWORKS EMERGING M-CL A / CMCA Daily stock chart
Setup Rating and Analysis

4

Although CMCA has an excellent technical rating, the quality of the presented setup is not ideal 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

9.88

11.18

We found 5 important support areas.

  • A support zone ranging from 10.99 to 11.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @10.75 from a horizontal line in the daily time frame.
  • A support zone ranging from 10.46 to 10.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 10.19 to 10.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @9.98 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 11.06 to 11.07. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CMCA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CMCA is up.
ChartMill Relative Strength54.62NEUTRALCMCA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CMCA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CMCA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CMCA is above the rising SMA(200).
Relative Strength Index/RSI (14)52.53NEUTRALThe RSI value for CMCA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests CMCA has a positive trend, although the MACD value is declining.
Stochastics (14,3)48.62NEUTRALThe Stochastics value for CMCA is a neutral value.
Average True Range in percent/ATR (20)0.47LOW VOLATILITYThe low ATR as a percentage value for CMCA suggests low volalility.
Average Directional Index/ADX (14)13.95NEGATIVEThe low ADX value for CMCA suggests a weak or negative trend.
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)
CAPITALWORKS EMERGING M-CL A / CMCA Daily stock chart

CAPITALWORKS EMERGING M-CL A

NASDAQ:CMCA (6/11/2024, 8:00:00 PM)

After market: 10.93 -0.12 (-1.09%)

11.05

+0.03 (+0.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.26%
1 Week0.36%
2 Weeks0.27%
1 Month0.45%
3 Month0.45%
6 Month2.31%
12 Month6.35%
2 Year9.46%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.47%
ATR Inc56.73%
Range Today0.05
ADR(20)0.03
ADR(20)%0.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.62
Mansfield-1.31
10 Day High11.18
10 Day Low10.99
20 Day High11.18
20 Day Low10.95
52 Week High11.77
52 Week Low10.37
CS1 End11.04
CR1 Start11.06
Volume & EV
DER(3)-0.56%
DER(5)-0.34%
Volume5.90K
Volume Incr-78.68%
Vol(5)2.88K
Vol(50)40.54K