COSTAMARE BULKERS HOLDING (CMDB) Stock Technical Analysis
NYSE:CMDB - MHY2001C1012 - Common Stock
10.63 USD
+0.21 (+2.02%)
10.63 USD
0 (0%)
Overall CMDB gets a technical rating of 6 out of 10. In the last year, CMDB was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, CMDB is a bad performer in the overall market: 100% of all stocks are doing better.
CMDB is part of the Marine Transportation industry. There are 35 other stocks in this industry, of which 82% are performing better than CMDB.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CMDB has a been trading in the 8.90 - 10.74 range, which is quite wide. It is currently trading near the high of this range.
CMDB has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
8.88
10.75
When analyzing the support we can see 2 important areas.
- Support @10.08 from a horizontal line in the daily time frame.
- A support zone ranging from 8.97 to 9.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.64 to 10.64. 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. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMDB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMDB is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 64.72 | NEUTRAL | The RSI value for CMDB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CMDB has a positive trend. |
| Stochastics (14,3) | 82.47 | OVERBOUGHT | The high Stochastics value suggests CMDB may be overbought. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for CMDB suggests some volalility. |
| Average Directional Index/ADX (14) | 20.44 | NEUTRAL | The ADX value for CMDB suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.65 | 10.07 | 0.58 (5.45%) | 18.36% |
| An entry @10.65. This is a Buy Stop order right above the resistance zone. | An exit @10.07. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.58 points, which is 5.45%. | For a 1.00% total portfolio risk, you can invest 18.36% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.63
+0.21 (+2.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg2.02%
1 Week0.76%
2 Weeks15.54%
1 Month9.03%
3 Month16.94%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%3.46%
ATR Inc-30.62%
Range Today0.29
ADR(20)0.35
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High10.74
10 Day Low9.22
20 Day High10.74
20 Day Low8.9
52 Week HighN/A
52 Week LowN/A
CS1 End10.08
CR1 Start10.64
Volume & EV
DER(3)-2.3%
DER(5)-3.78%
Volume133.00K
Volume Incr-9.06%
Vol(5)91.24K
Vol(50)100.77K