COMTECH TELECOMMUNICATIONS (CMTL) Stock Technical Analysis
NASDAQ:CMTL - US2058262096 - Common Stock
2.22 USD
+0.13 (+6.22%)
2.1699 USD
-0.05 (-2.26%)
We assign a technical rating of 2 out of 10 to CMTL. CMTL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CMTL is a bad performer in the overall market: 87% of all stocks are doing better.
CMTL is one of the lesser performing stocks in the Communications Equipment industry. 89% of 48 stocks in the same industry do better.
CMTL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CMTL has a been trading in the 1.80 - 2.23 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CMTL has a poor technical rating and the quality of the setup is also not perfect 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
1.89
2.50
2 important support areas can be observed.
- A support zone ranging from 2.00 to 2.04. 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 1.91 to 1.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.23 to 2.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.37 from a trend line in the daily time frame.
- Resistance @2.48 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for CMTL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CMTL is neutral. |
| ChartMill Relative Strength | 13.01 | NEGATIVE | CMTL has a low relative strength, it was outperformed by 86.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMTL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMTL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CMTL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.95 | NEUTRAL | The RSI value for CMTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CMTL has a positive trend. |
| Stochastics (14,3) | 82.57 | OVERBOUGHT | The high Stochastics value suggests CMTL may be overbought. |
| Average True Range in percent/ATR (20) | 6.09 | HIGH VOLATILITY | The high ATR as a percentage value for CMTL suggests high volalility. |
| Average Directional Index/ADX (14) | 17.94 | NEGATIVE | The low ADX value for CMTL suggests a weak or negative 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)
2.22
+0.13 (+6.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg6.22%
1 Week11%
2 Weeks15.63%
1 Month7.25%
3 Month-2.2%
6 Month29.45%
12 Month-26%
2 Year-74.63%
3 Year-77.82%
5 Year-84.14%
10 Year-89.23%
15 Year-91.88%
Volatility
ATR(14)0.14
ATR(20)%6.09%
ATR Inc29.45%
Range Today0.25
ADR(20)0.13
ADR(20)%6.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.01
Mansfield-2.17
10 Day High2.23
10 Day Low1.89
20 Day High2.23
20 Day Low1.8
52 Week High5.16
52 Week Low1.19
CS1 End2.04
CR1 Start2.23
Volume & EV
DER(3)12.13%
DER(5)13.73%
Volume215.90K
Volume Incr43.9%
Vol(5)178.88K
Vol(50)157.14K