VANECK CMCI COMMODITY STRATE (CMCI) Stock Technical Analysis
NYSEARCA:CMCI - NYSE Arca - US92189Y5015 - ETF - Currency: USD
Taking everything into account, CMCI scores 5 out of 10 in our technical rating. CMCI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
CMCI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.18, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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23.58
When analyzing the support we can see 2 important areas.
- A support zone ranging from 24.60 to 25.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.82 to 24.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.29 to 25.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.16 to 26.75. 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 CMCI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMCI is up. |
| ChartMill Relative Strength | 39.14 | NEUTRAL | CMCI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CMCI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMCI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMCI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.39 | NEUTRAL | The RSI value for CMCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CMCI has a negative trend. |
| Stochastics (14,3) | 56.79 | NEUTRAL | The Stochastics value for CMCI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.62 | LOW VOLATILITY | The low ATR as a percentage value for CMCI suggests low volalility. |
| Average Directional Index/ADX (14) | 11.07 | NEGATIVE | The low ADX value for CMCI suggests a weak or negative trend. |
NYSEARCA:CMCI (7/14/2025, 8:04:02 PM)
25.215
-0.11 (-0.44%)