CORE MOLDING TECHNOLOGIES IN (CMT) Technical Analysis
NYSEARCA:CMT • US2186831002
Current stock price
CMT Technical Rating and Analysis
Overall CMT gets a technical rating of 6 out of 10. In the last year, CMT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Warning: CMT has an average volume of 24409 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- CMT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CMT is performing more or less in line with the market.
- In the last month CMT has a been trading in the 17.71 - 20.98 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, CMT did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- CMT is part of the Chemicals industry. There are 83 other stocks in this industry, CMT did better than 67% of them.
CMT Weekly and Daily overview Charts
CMT Setup Rating and Analysis
Although the technical rating is only medium, CMT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.63, a Stop Loss order could be placed below this zone.
More info and screens
CMT Support and Resistance Analysis
17.87
We found 2 important support areas.
- A support zone ranging from 19.33 to 19.63. 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 18.53. 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 21.68 to 21.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
CMT Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for CMT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMT is up. |
| ChartMill Relative Strength | 79.81 | POSITIVE | CMT has a high relative strength, it outperformed 79.81% 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) | 53.88 | NEUTRAL | The RSI value for CMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests CMT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.67 | OVERBOUGHT | The high Stochastics value suggests CMT may be overbought. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for CMT suggests high volalility. |
| Average Directional Index/ADX (14) | 13.74 | NEGATIVE | The low ADX value for CMT suggests a weak or negative trend. |
CMT Chart- and CandleStick Pattern Analysis
CMT Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.93 | 19.32 | 2.61 (11.90%) | 8.40% |
| An entry @21.93. This is a Buy Stop order right above the resistance zone. | An exit @19.32. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.61 points, which is 11.90%. | For a 1.00% total portfolio risk, you can invest 8.40% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CMT Technicals: Chart, Performance Metrics, Trend & Indicators
20.06
-0.38 (-1.86%)
CORE MOLDING TECHNOLOGIES IN / CMT TA FAQ
Can you provide the ChartMill technical rating for CORE MOLDING TECHNOLOGIES IN?
ChartMill assigns a technical rating of 6 / 10 to CMT.
What is the trend direction for CMT stock?
The current trend direction for CORE MOLDING TECHNOLOGIES IN (CMT) is Bearish.
What is the RSI signal for CORE MOLDING TECHNOLOGIES IN (CMT) stock?
CORE MOLDING TECHNOLOGIES IN (CMT) has an RSI value of 53.8808. This indicates that the stock is currently neutral.
What is the short term momentum for CMT stock?
The short term momentum for CORE MOLDING TECHNOLOGIES IN (CMT) is positive.
Can you provide the support and resistance levels for CORE MOLDING TECHNOLOGIES IN?
CORE MOLDING TECHNOLOGIES IN (CMT) has a support level at 19.63 and a resistance level at 21.68. Check the full technical report for our detailed analysis of CMT support and resistance levels.