CLEMENTIA PHARMACEUTICALS INC (CMTA) Technical Analysis
NASDAQ:CMTA
Current stock price
CMTA Technical Rating and Analysis
Taking everything into account, CMTA scores 9 out of 10 in our technical rating. 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.
- The long and short term trends are both positive. This is looking good!
- CMTA is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CMTA is leading the market.
- When comparing the yearly performance of all stocks, we notice that CMTA is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong 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.
CMTA Weekly and Daily overview Charts
CMTA Setup Rating and Analysis
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.
More info and screens
CMTA Support and Resistance Analysis
25.69
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.
We found 1 important resistance 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.
CMTA 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 | UP | POSITIVE | The long term trend for CMTA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMTA is up. |
| ChartMill Relative Strength | 98.07 | POSITIVE | CMTA has a high relative strength, it outperformed 98.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMTA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMTA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMTA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.99 | OVERBOUGHT | The high RSI value suggests CMTA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests CMTA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.32 | NEUTRAL | The Stochastics value for CMTA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for CMTA suggests low volalility. |
CMTA Chart- and CandleStick Pattern Analysis
CMTA 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 |
|---|---|---|---|
| 26.50 | 25.94 | 0.56 (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 trade has a worst case loss of 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.
CMTA Technicals: Chart, Performance Metrics, Trend & Indicators
26.35
-0.03 (-0.11%)
CLEMENTIA PHARMACEUTICALS INC / CMTA TA 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.