COMPASS MINERALS INTERNATION (CMP) Stock Technical Analysis
NYSE:CMP - US20451N1019 - Common Stock
19.64 USD
-0.16 (-0.81%)
19.64 USD
0 (0%)
We assign a technical rating of 8 out of 10 to CMP. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that CMP is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, CMP also shows a nice and consistent pattern of rising prices.
CMP is part of the Metals & Mining industry. There are 155 other stocks in this industry. CMP outperforms 75% of them.
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.
In the last month CMP has a been trading in the 17.95 - 21.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, CMP also presents 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. There is a support zone below the current price at 19.43, a Stop Loss order could be placed below this zone.
More info and screens
18.55
22.66
We found 1 important support area.
- A support zone ranging from 18.74 to 19.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @21.03 from a trend line in the daily time frame.
- A resistance zone ranging from 22.10 to 22.44. 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 CMP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CMP is neutral. |
| ChartMill Relative Strength | 93.99 | POSITIVE | CMP has a high relative strength, it outperformed 93.99% 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 | MIXED | The current price of CMP is below 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) | 47.62 | NEUTRAL | The RSI value for CMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CMP has a positive trend. |
| Stochastics (14,3) | 46.54 | NEUTRAL | The Stochastics value for CMP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for CMP suggests some volalility. |
| Average Directional Index/ADX (14) | 16.73 | NEGATIVE | The low ADX value for CMP suggests a weak or negative 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 |
|---|---|---|---|
| 21.04 | 18.73 | 2.31 (10.98%) | 9.11% |
| An entry @21.04. This is a Buy Stop order right above the resistance zone. | An exit @18.73. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.31 points, which is 10.98%. | For a 1.00% total portfolio risk, you can invest 9.11% 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.
19.64
-0.16 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.81%
1 Week4.19%
2 Weeks2.24%
1 Month-2.77%
3 Month2.24%
6 Month88.12%
12 Month122.42%
2 Year-34.86%
3 Year-51.49%
5 Year-65.5%
10 Year-75.75%
15 Year-72.63%
Volatility
ATR(14)0.9
ATR(20)%4.13%
ATR Inc-37.18%
Range Today0.52
ADR(20)0.8
ADR(20)%4.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.99
Mansfield2.42
10 Day High20.11
10 Day Low18.02
20 Day High21.58
20 Day Low17.95
52 Week High22.69
52 Week Low7.51
CS1 End19.43
CR1 Start21.03
Volume & EV
DER(3)-0.87%
DER(5)0.09%
Volume365.70K
Volume Incr-28.73%
Vol(5)336.18K
Vol(50)584.13K