USA - NYSE:CMDB - MHY2001C1012 - Common Stock
Overall CMDB gets a technical rating of 7 out of 10. Although CMDB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although CMDB has an excellent technical rating, it does not offer a high 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.
9.11
When analyzing the support we can see 2 important areas.
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) | 74.2 | OVERBOUGHT | The high RSI value suggests CMDB may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CMDB has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 78.65 | NEUTRAL | The Stochastics value for CMDB is a neutral value. |
Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for CMDB suggests some volalility. |
Average Directional Index/ADX (14) | 50.01 | POSITIVE | The high ADX value value for CMDB suggests a strong trend. |
14.2
-0.16 (-1.11%)