Overall CMT gets a technical rating of 8 out of 10. Although CMT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although CMT 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.
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17.87
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.60 to 18.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.05 to 18.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.68 to 21.92. 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 CMT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMT is up. |
| ChartMill Relative Strength | 79.22 | POSITIVE | CMT has a high relative strength, it outperformed 79.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.79 | NEUTRAL | The RSI value for CMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests CMT has a positive trend. |
| Stochastics (14,3) | 95.25 | OVERBOUGHT | The high Stochastics value suggests CMT may be overbought. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for CMT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.49 | NEGATIVE | The low ADX value for CMT suggests a weak or negative trend. |
21.29
+0.26 (+1.24%)
CORE MOLDING TECHNOLOGIES IN / CMT FAQ
Can you provide the ChartMill technical rating for CORE MOLDING TECHNOLOGIES IN?
ChartMill assigns a technical rating of 8 / 10 to CMT.
What is the current trend direction of CORE MOLDING TECHNOLOGIES IN (CMT) stock?
The current trend direction for CORE MOLDING TECHNOLOGIES IN (CMT) is Bullish.
What is the RSI signal for CORE MOLDING TECHNOLOGIES IN (CMT) stock?
CORE MOLDING TECHNOLOGIES IN (CMT) has an RSI value of 69.7905. This indicates that the stock is currently neutral.
What is the MACD signal for CORE MOLDING TECHNOLOGIES IN (CMT) stock?
The MACD indicator for CORE MOLDING TECHNOLOGIES IN (CMT) has a value of 0.22479, indicating a bearish trend.
What is the support and resistance level for CMT stock?
CORE MOLDING TECHNOLOGIES IN (CMT) has a support level at 18.96 and a resistance level at 21.68. Check the full technical report for our detailed analysis of CMT support and resistance levels.