COMMERCE.COM INC (CMRC) Stock Technical Analysis
NASDAQ:CMRC - US08975P1084 - Common Stock
Overall CMRC gets a technical rating of 3 out of 10. In the last year, CMRC was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
CMRC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.46, a Stop Loss order could be placed below this zone.
More info and screens
4.40
We found 1 important support area.
- A support zone ranging from 4.44 to 4.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.86 to 4.86. 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 CMRC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMRC is up. |
| 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). |
| Relative Strength Index/RSI (14) | 44.39 | NEUTRAL | The RSI value for CMRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests CMRC has a negative trend. |
| Stochastics (14,3) | 15.59 | OVERSOLD | The low Stochastics value suggests CMRC may be oversold. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for CMRC suggests high volalility. |
| Average Directional Index/ADX (14) | 19.82 | NEGATIVE | The low ADX value for CMRC suggests a weak or negative trend. |
4.47
+0.02 (+0.45%)