COMMERCE.COM INC (CMRC) Stock Technical Analysis
USA - NASDAQ:CMRC - US08975P1084 - Common Stock
Overall CMRC gets a technical rating of 3 out of 10. CMRC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
CMRC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 4.43, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CMRC 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.
More info and screens
4.39
We found 1 important support area.
- A support zone ranging from 4.43 to 4.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @5.10 from a horizontal line in the weekly 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 CMRC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CMRC is neutral. |
| 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 | MIXED | The current price of CMRC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMRC is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 52.9 | NEUTRAL | The RSI value for CMRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CMRC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.59 | NEUTRAL | The Stochastics value for CMRC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for CMRC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.72 | NEGATIVE | The low ADX value for CMRC suggests a weak or negative trend. |
4.85
+0.41 (+9.23%)