CHEETAH MOBILE INC - ADR (CMCM) Stock Technical Analysis
NYSE:CMCM - New York Stock Exchange, Inc. - US1630752038 - ADR - Currency: USD
Taking everything into account, CMCM scores 6 out of 10 in our technical rating. CMCM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Warning: CMCM has an average volume of 20716 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, CMCM turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
CMCM is part of the Software industry. There are 284 other stocks in this industry, CMCM did better than 53% of them.
CMCM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CMCM is lagging the market.
In the last month CMCM has a been trading in the 3.92 - 4.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CMCM 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
3.64
4.76
We found 4 important support areas.
- A support zone ranging from 4.15 to 4.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.02 to 4.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.86 from a trend line in the weekly time frame.
- Support @3.68 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @4.41 from a trend line in the daily time frame.
- A resistance zone ranging from 4.58 to 4.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.71 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CMCM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMCM is up. |
| ChartMill Relative Strength | 55.05 | NEUTRAL | CMCM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMCM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMCM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CMCM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.09 | NEUTRAL | The RSI value for CMCM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CMCM has a positive trend. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for CMCM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for CMCM suggests high volalility. |
| Average Directional Index/ADX (14) | 15.49 | NEGATIVE | The low ADX value for CMCM 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)
4.39
+0.09 (+2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.09%
1 Week6.04%
2 Weeks5.53%
1 Month3.78%
3 Month0.23%
6 Month-10.41%
12 Month10.3%
2 Year88.41%
3 Year27.19%
5 Year-48.95%
10 Year-96.94%
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%5.05%
ATR Inc4.22%
Range Today0.22
ADR(20)0.21
ADR(20)%4.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.05
Mansfield-0.44
10 Day High4.51
10 Day Low3.92
20 Day High4.66
20 Day Low3.92
52 Week High6.77
52 Week Low3.02
CS1 End4.17
CR1 Start4.41
Volume & EV
DER(3)12.53%
DER(5)13.93%
Volume29.30K
Volume Incr94.25%
Vol(5)40.22K
Vol(50)20.72K