CLEMENTIA PHARMACEUTICALS INC (CMTA) Stock Technical Analysis

USA • Nasdaq • NASDAQ:CMTA

26.35
-0.03 (-0.11%)
At close: Apr 17, 2019
26.05
-0.3 (-1.14%)
After Hours: 4/17/2019, 8:00:00 PM
Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to CMTA. Both in the recent history as in the last year, CMTA has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • Both the short term and long term trends are positive. This is a very positive sign.
  • CMTA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
  • Looking at the yearly performance, CMTA did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
  • In the last month CMTA has a been trading in a tight range between 25.81 and 26.73.
  • Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CLEMENTIA PHARMACEUTICALS INC / CMTA Weekly stock chart
CLEMENTIA PHARMACEUTICALS INC / CMTA Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, CMTA also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 26.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.27, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

25.69

26.75

When analyzing the support we notice one important area.

  • A support zone ranging from 25.95 to 26.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 26.49 to 26.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CMTA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CMTA is up.
ChartMill Relative Strength98.07POSITIVECMTA has a high relative strength, it outperformed 98.07% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CMTA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CMTA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CMTA is above the rising SMA(200).
Relative Strength Index/RSI (14)72.99OVERBOUGHTThe high RSI value suggests CMTA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.22NEGATIVEThe MACD value suggests CMTA has a negative trend, although the MACD value is rising.
Stochastics (14,3)56.32NEUTRALThe Stochastics value for CMTA is a neutral value.
Average True Range in percent/ATR (20)0.97LOW VOLATILITYThe low ATR as a percentage value for CMTA suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
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.

ENTRYEXITDISTANCECAPITAL
26.5025.940.56 (2.11%)25.00%
An entry @26.50. This is a Buy Stop order right above the resistance zone.An exit @25.94. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.56 points, which is 2.11%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%.

  • 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.
CLEMENTIA PHARMACEUTICALS INC / CMTA Daily stock chart

CLEMENTIA PHARMACEUTICALS INC

NASDAQ:CMTA (4/17/2019, 8:00:00 PM)

After market: 26.05 -0.3 (-1.14%)

26.35

-0.03 (-0.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.11%
1 Week-0.49%
2 Weeks1.5%
1 Month1.78%
3 Month95.04%
6 Month174.48%
12 Month49.46%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%0.97%
ATR Inc24.19%
Range Today0.41
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.07
3 months CRSN/A
6 months CRSN/A
Mansfield6.77
10 Day High26.73
10 Day Low25.86
20 Day High26.73
20 Day Low25.81
52 Week High26.73
52 Week Low8.1
CS1 End26.27
CR1 Start26.49
Volume & EV
DER(3)-8.08%
DER(5)-8.5%
Volume716.70K
Volume Incr279.84%
Vol(5)426.30K
Vol(50)286.54K

CLEMENTIA PHARMACEUTICALS INC / CMTA FAQ

What is the ChartMill technical rating of CLEMENTIA PHARMACEUTICALS INC (CMTA) stock?

ChartMill assigns a technical rating of 8 / 10 to CMTA.


Can you provide the trend direction for CLEMENTIA PHARMACEUTICALS INC?

The current trend direction for CLEMENTIA PHARMACEUTICALS INC (CMTA) is Bullish.


What is the RSI signal for CLEMENTIA PHARMACEUTICALS INC (CMTA) stock?

CLEMENTIA PHARMACEUTICALS INC (CMTA) has an RSI value of 72.9946. This indicates that the stock is currently overbought.


Can you provide the MACD signal for CLEMENTIA PHARMACEUTICALS INC?

The MACD indicator for CLEMENTIA PHARMACEUTICALS INC (CMTA) has a value of -0.224821, indicating a bearish trend.


What is the buy/sell signal for CMTA stock?

The buy/sell signal for CLEMENTIA PHARMACEUTICALS INC (CMTA) is buy as both the short term and long term trends are positive.