We assign a technical rating of 0 out of 10 to CMRC. CMRC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CMRC is a bad performer in the overall market: 100% of all stocks are doing better.
- CMRC is part of the IT Services industry. There are 87 other stocks in this industry, of which 90% are performing better than CMRC.
- In the last month CMRC has a been trading in the 2.78 - 4.14 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of CMRC is bad and it also does not present a 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.
More info and screens
2.92
When analyzing the resistance we notice 2 important areas.
- Resistance @3.20 from a horizontal line in the daily time frame.
- Resistance @3.80 from a trend 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 | DOWN | NEGATIVE | The long term trend for CMRC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMRC is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CMRC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMRC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMRC is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 22.3 | OVERSOLD | The low RSI value suggests CMRC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CMRC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.45 | OVERSOLD | The low Stochastics value suggests CMRC may be oversold. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for CMRC suggests high volalility. |
| Average Directional Index/ADX (14) | 50.75 | POSITIVE | The high ADX value value for CMRC suggests a strong trend. |
2.95
-0.02 (-0.67%)
COMMERCE.COM INC / CMRC FAQ
What is the technical rating for CMRC stock?
ChartMill assigns a technical rating of 0 / 10 to CMRC.
Can you provide the trend direction for COMMERCE.COM INC?
The current trend direction for COMMERCE.COM INC (CMRC) is Bearish.
What is the RSI signal for COMMERCE.COM INC (CMRC) stock?
COMMERCE.COM INC (CMRC) has an RSI value of 22.2983. This indicates that the stock is currently oversold.
What is the MACD signal for CMRC stock?
The MACD indicator for COMMERCE.COM INC (CMRC) has a value of -0.00638229, indicating a bearish trend.
What is the buy/sell signal for COMMERCE.COM INC (CMRC) stock?
The buy/sell signal for COMMERCE.COM INC (CMRC) is sell as both the short term and long term trends are negative.