COSTAMARE INC (CMRE) Stock Technical Analysis
NYSE:CMRE - MHY1771G1026 - Common Stock
11.74 USD
+0.37 (+3.25%)
11.74 USD
0 (0%)
Overall CMRE gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CMRE is only an average performer.
The long and short term trends are both positive. This is looking good!
CMRE is part of the Marine Transportation industry. There are 36 other stocks in this industry. CMRE outperforms 82% of them.
In the last month CMRE has a been trading in the 9.38 - 11.81 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that CMRE is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CMRE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CMRE is lagging the market.
Although CMRE has an excellent technical rating, it does not offer a high 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
9.00
11.86
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.06 to 11.16. 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 10.14 to 10.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.67 from a trend line in the daily time frame.
- Support @9.09 from a horizontal 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 | UP | POSITIVE | The long term trend for CMRE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMRE is up. |
| ChartMill Relative Strength | 71.96 | POSITIVE | CMRE has a high relative strength, it outperformed 71.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMRE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMRE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CMRE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.08 | OVERBOUGHT | The high RSI value suggests CMRE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CMRE has a positive trend. |
| Stochastics (14,3) | 92.34 | OVERBOUGHT | The high Stochastics value suggests CMRE may be overbought. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for CMRE suggests some volalility. |
| Average Directional Index/ADX (14) | 28.65 | POSITIVE | The high ADX value value for CMRE suggests a strong 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)
11.74
+0.37 (+3.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg3.25%
1 Week5.67%
2 Weeks10.13%
1 Month21.91%
3 Month41.45%
6 Month12.13%
12 Month-14.43%
2 Year13.87%
3 Year4.08%
5 Year132.48%
10 Year-21.73%
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%3.28%
ATR Inc24.86%
Range Today0.42
ADR(20)0.37
ADR(20)%3.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.96
Mansfield-0.61
10 Day High11.81
10 Day Low10.48
20 Day High11.81
20 Day Low9.38
52 Week High15.96
52 Week Low6.63
CS1 End11.16
CR1 StartN/A
Volume & EV
DER(3)-0.78%
DER(5)-4.03%
Volume519.10K
Volume Incr-14.54%
Vol(5)508.96K
Vol(50)539.64K