COMPASS MINERALS INTERNATION (CMP) Stock Technical Analysis
NYSE:CMP • US20451N1019
Taking everything into account, CMP scores 9 out of 10 in our technical rating. 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!
- Looking at the yearly performance, CMP did better than 95% of all other stocks.
- 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.
- CMP is an average performer in the Metals & Mining industry, it outperforms 54% of 156 stocks in the same industry.
- In the last month CMP has a been trading in the 20.80 - 27.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 23.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CMP 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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21.53
2 important support areas can be observed.
- A support zone ranging from 23.17 to 23.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 21.75 to 21.75. 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 | UP | POSITIVE | The short term trend for CMP is up. |
| ChartMill Relative Strength | 95.24 | POSITIVE | CMP has a high relative strength, it outperformed 95.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CMP is above 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) | 55.23 | NEUTRAL | The RSI value for CMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CMP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.33 | NEUTRAL | The Stochastics value for CMP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for CMP suggests high volalility. |
| Average Directional Index/ADX (14) | 26.38 | POSITIVE | The high ADX value value for CMP suggests a strong trend. |
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 |
|---|---|---|---|
| 24.81 | 23.16 | 1.65 (6.65%) | 15.03% |
| An entry @24.81. This is a Buy Stop order right above the 10 day high. | An exit @23.16. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.65 points, which is 6.65%. | When investing 15.03% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
24.43
+0.74 (+3.12%)
COMPASS MINERALS INTERNATION / CMP FAQ
Can you provide the ChartMill technical rating for COMPASS MINERALS INTERNATION?
ChartMill assigns a technical rating of 9 / 10 to CMP.
What is the trend direction for CMP stock?
The current trend direction for COMPASS MINERALS INTERNATION (CMP) is Bullish.
Can you provide the RSI signal for COMPASS MINERALS INTERNATION?
COMPASS MINERALS INTERNATION (CMP) has an RSI value of 55.2271. This indicates that the stock is currently neutral.
What is the buy/sell signal for CMP stock?
The buy/sell signal for COMPASS MINERALS INTERNATION (CMP) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for COMPASS MINERALS INTERNATION (CMP) stock?
COMPASS MINERALS INTERNATION (CMP) has a support level at 23.45. Check the full technical report for our detailed analysis of CMP support and resistance levels.