COLUMBUS MCKINNON CORP/NY (CMCO) Stock Technical Analysis
NASDAQ:CMCO - Nasdaq - US1993331057 - Common Stock - Currency: USD
Overall CMCO gets a technical rating of 2 out of 10. CMCO'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.
When comparing the yearly performance of all stocks, CMCO is a bad performer in the overall market: 91% of all stocks are doing better.
CMCO is part of the Machinery industry. There are 128 other stocks in this industry, of which 82% are performing better than CMCO.
CMCO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CMCO is lagging the market.
In the last month CMCO has a been trading in the 14.24 - 18.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CMCO has a poor technical rating and the quality of the setup is also not perfect 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
16.21
39.98
When analyzing the support we notice one important area.
- A support zone ranging from 16.37 to 16.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @17.83 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 18.23 to 18.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.78 from a horizontal line in the daily time frame.
- Resistance @39.58 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for CMCO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CMCO is neutral. |
| ChartMill Relative Strength | 9.91 | NEGATIVE | CMCO has a low relative strength, it was outperformed by 90.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CMCO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CMCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.87 | NEUTRAL | The RSI value for CMCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CMCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.06 | NEUTRAL | The Stochastics value for CMCO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for CMCO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.16 | NEUTRAL | The ADX value for CMCO suggests a possible start of a new 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)
16.53
+0.09 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.55%
1 Week-5.92%
2 Weeks0.06%
1 Month11.92%
3 Month-12.54%
6 Month-57.1%
12 Month-63.18%
2 Year-54.69%
3 Year-51.02%
5 Year-45.64%
10 Year-27.53%
15 Year0.92%
Volatility
ATR(14)0.82
ATR(20)%4.73%
ATR Inc18.78%
Range Today0.57
ADR(20)0.69
ADR(20)%4.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.91
Mansfield-4.62
10 Day High18.47
10 Day Low16.11
20 Day High18.47
20 Day Low14.25
52 Week High45.45
52 Week Low11.78
CS1 End16.52
CR1 Start17.83
Volume & EV
DER(3)0.4%
DER(5)0.62%
Volume471.70K
Volume Incr14.15%
Vol(5)409.58K
Vol(50)467.83K