Cantel Medical (CMD) Stock Technical Analysis
NYSEARCA:CMD - NYSE Arca -
Overall CMD gets a technical rating of 5 out of 10. 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. We also observe that the gains produced by CMD over the past year are nicely spread over this period.
CMD is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. CMD outperforms 75% of them.
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.
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
64.84
90.56
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.
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. |
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)
80.37
-0.96 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.18%
1 Week-0.74%
2 Weeks-3.23%
1 Month-9.48%
3 Month7.02%
6 Month27.21%
12 Month60.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.4
ATR(20)%1.63%
ATR Inc-15.47%
Range Today1.37
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.58
Mansfield0.9
10 Day High83.36
10 Day Low80.31
20 Day High89
20 Day Low80.31
52 Week High89.76
52 Week Low39.4
CS1 End74.28
CR1 Start81.31
Volume & EV
DER(3)0.77%
DER(5)-1.09%
Volume11.82M
Volume Incr644.54%
Vol(5)2.88M
Vol(50)656.85K