COMPASS MINERALS INTERNATION (CMP) Stock Technical Analysis
NYSE:CMP - New York Stock Exchange, Inc. - US20451N1019 - Common Stock - Currency: USD
Overall CMP gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CMP is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
CMP is one of the better performing stocks in the Metals & Mining industry, it outperforms 87% of 155 stocks in the same industry.
CMP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CMP is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that CMP is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month CMP has a been trading in the 17.92 - 20.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CMP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 19.29, a Stop Loss order could be placed below this zone.
More info and screens
11.83
20.49
2 important support areas can be observed.
- A support zone ranging from 19.04 to 19.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.95 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 19.56 to 19.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.29 from a horizontal line in the daily time frame.
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 CMP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMP is up. |
| ChartMill Relative Strength | 96.41 | POSITIVE | CMP has a high relative strength, it outperformed 96.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.31 | NEUTRAL | The RSI value for CMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests CMP has a negative trend. |
| Stochastics (14,3) | 60.16 | NEUTRAL | The Stochastics value for CMP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for CMP suggests some volalility. |
| Average Directional Index/ADX (14) | 48.75 | POSITIVE | The high ADX value value for CMP suggests a strong 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 |
|---|---|---|---|
| 19.91 | 19.03 | 0.88 (4.42%) | 22.62% |
| An entry @19.91. This is a Buy Stop order right above the resistance zone. | An exit @19.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.88 points, which is 4.42%. | For a 1.00% total portfolio risk, you can invest 22.62% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CMP. Please evaluate whether better entry and exit points can be found.
- 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.
19.3
-0.36 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.83%
1 Week-4.12%
2 Weeks-2.82%
1 Month-2.18%
3 Month77.06%
6 Month47.78%
12 Month67.68%
2 Year-43.24%
3 Year-45.46%
5 Year-60.41%
10 Year-76.5%
15 Year-72.54%
Volatility
ATR(14)0.91
ATR(20)%4.36%
ATR Inc7.62%
Range Today1.04
ADR(20)0.83
ADR(20)%4.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.41
Mansfield4.7
10 Day High20.96
10 Day Low17.92
20 Day High20.96
20 Day Low17.92
52 Week High20.96
52 Week Low7.51
CS1 End19.29
CR1 Start19.56
Volume & EV
DER(3)0.74%
DER(5)0.39%
Volume686.60K
Volume Incr-38.13%
Vol(5)585.72K
Vol(50)794.47K