COLUMBUS MCKINNON CORP/NY (CMCO) Stock Technical Analysis
NASDAQ:CMCO - Nasdaq - US1993331057 - Common Stock - Currency: USD
Overall CMCO gets a technical rating of 3 out of 10. In the past year, CMCO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
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 127 other stocks in this industry, of which 83% are performing better than CMCO.
CMCO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CMCO has a been trading in the 13.97 - 16.93 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 bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
13.65
18.97
We found 4 important support areas.
- Support @14.99 from a trend line in the weekly time frame.
- Support @14.73 from a trend line in the daily time frame.
- Support @14.40 from a horizontal line in the weekly time frame.
- Support @13.79 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 15.90 to 16.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.57 from a trend line in the daily time frame.
- Resistance @18.78 from a horizontal line in the daily 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 | 9.53 | NEGATIVE | CMCO has a low relative strength, it was outperformed by 90.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CMCO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CMCO is below the rising 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) | 46.12 | NEUTRAL | The RSI value for CMCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CMCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.79 | NEUTRAL | The Stochastics value for CMCO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for CMCO suggests some volalility. |
| Average Directional Index/ADX (14) | 12.39 | NEGATIVE | The low ADX value for CMCO 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)
15.28
-0.5 (-3.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-3.17%
1 Week-5.45%
2 Weeks0.07%
1 Month1.6%
3 Month16.37%
6 Month-57.91%
12 Month-58.38%
2 Year-63.91%
3 Year-53.84%
5 Year-53.88%
10 Year-34.87%
15 Year-2.86%
Volatility
ATR(14)0.69
ATR(20)%4.26%
ATR Inc-5.52%
Range Today0.7
ADR(20)0.63
ADR(20)%4.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.53
Mansfield-4.72
10 Day High16.93
10 Day Low15.02
20 Day High16.93
20 Day Low13.97
52 Week High41.05
52 Week Low11.78
CS1 End14.99
CR1 Start15.9
Volume & EV
DER(3)-7.11%
DER(5)-4.03%
Volume284.74K
Volume Incr9.75%
Vol(5)376.07K
Vol(50)439.36K