COSTAMARE BULKERS HOLDING (CMDB) Stock Technical Analysis
NYSE:CMDB - New York Stock Exchange, Inc. - MHY2001C1012 - Common Stock - Currency: USD
Taking everything into account, CMDB scores 3 out of 10 in our technical rating. CMDB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
CMDB 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. There is very little resistance above the current price. We notice that large players showed an interest for CMDB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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9.26
We found 1 important support area.
- A support zone ranging from 9.35 to 9.35. 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 CMDB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMDB is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CMDB has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 29.18 | OVERSOLD | The low RSI value suggests CMDB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests CMDB has a negative trend. |
| Stochastics (14,3) | 11.81 | OVERSOLD | The low Stochastics value suggests CMDB may be oversold. |
| Average Directional Index/ADX (14) | 32.78 | POSITIVE | The high ADX value value for CMDB suggests a strong trend. |
9.36
-0.01 (-0.11%)