We assign a technical rating of 1 out of 10 to CMCT. CMCT'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 technical rating of CMCT is bad and it also does not present a quality setup 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.
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2.84
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 CMCT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMCT is down. |
| ChartMill Relative Strength | 1.1 | NEGATIVE | CMCT has a low relative strength, it was outperformed by 98.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMCT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMCT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CMCT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.49 | NEUTRAL | The RSI value for CMCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.48 | NEGATIVE | The MACD value suggests CMCT has a negative trend. |
| Stochastics (14,3) | 2.87 | OVERSOLD | The low Stochastics value suggests CMCT may be oversold. |
| Average True Range in percent/ATR (20) | 76.56 | HIGH VOLATILITY | The high ATR as a percentage value for CMCT suggests high volalility. |
| Average Directional Index/ADX (14) | 30.49 | POSITIVE | The high ADX value value for CMCT suggests a strong trend. |
2.87
-0.16 (-5.28%)
CREATIVE MEDIA & COMMUNITY T / CMCT FAQ
What is the technical rating for CMCT stock?
ChartMill assigns a technical rating of 1 / 10 to CMCT.
What is the trend direction for CMCT stock?
The current trend direction for CREATIVE MEDIA & COMMUNITY T (CMCT) is Bearish.
What is the RSI signal for CMCT stock?
CREATIVE MEDIA & COMMUNITY T (CMCT) has an RSI value of 39.4907. This indicates that the stock is currently neutral.
What is the buy/sell signal for CREATIVE MEDIA & COMMUNITY T (CMCT) stock?
The buy/sell signal for CREATIVE MEDIA & COMMUNITY T (CMCT) is sell as both the short term and long term trends are negative.