Cantel Medical (CMD) Technical Analysis
NYSEARCA:CMD
Current stock price
CMD Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to CMD. In the last year, CMD was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month CMD has a been trading in the 80.31 - 89.00 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, CMD did better than 70% of all other stocks. On top of that, CMD also shows a nice and consistent pattern of rising prices.
- CMD is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 82% of 188 stocks in the same industry.
- CMD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CMD is performing more or less in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Volume is considerably higher in the last couple of days.
CMD Weekly and Daily overview Charts
CMD Setup Rating and Analysis
Although the technical rating is only medium, CMD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
CMD Support and Resistance Analysis
64.84
When analyzing the support we can see 3 important areas.
- Support @74.28 from a horizontal line in the weekly time frame.
- Support @73.00 from a horizontal line in the daily time frame.
- Support @65.49 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 81.31 to 81.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 89.16 to 89.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
CMD Technical Indicator Signal Analysis
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 CMD is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMD is down. |
| ChartMill Relative Strength | 70.58 | POSITIVE | CMD has a high relative strength, it outperformed 70.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CMD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.33 | NEUTRAL | The RSI value for CMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests CMD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.27 | OVERSOLD | The low Stochastics value suggests CMD may be oversold. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for CMD suggests low volalility. |
CMD Chart- and CandleStick Pattern Analysis
CMD Technicals: Chart, Performance Metrics, Trend & Indicators
80.37
-0.96 (-1.18%)
Cantel Medical / CMD TA FAQ
What is the technical rating for CMD stock?
ChartMill assigns a technical rating of 5 / 10 to CMD.
Can you provide the trend direction for Cantel Medical?
The current trend direction for Cantel Medical (CMD) is Bullish.
Can you provide the RSI signal for Cantel Medical?
Cantel Medical (CMD) has an RSI value of 34.3262. This indicates that the stock is currently neutral.
What is the MACD signal for Cantel Medical (CMD) stock?
The MACD indicator for Cantel Medical (CMD) has a value of -0.354018, indicating a bearish trend.
Can you provide the buy/sell signal for Cantel Medical?
The buy/sell signal for Cantel Medical (CMD) is hold as the short term and long term trends are mixed.