COMTECH TELECOMMUNICATIONS (CMTL) Stock Technical Analysis
NASDAQ:CMTL - Nasdaq - US2058262096 - Common Stock - Currency: USD
Overall CMTL gets a technical rating of 5 out of 10. CMTL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
80% of all other stocks performed better in the past year than CMTL.
CMTL is part of the Communications Equipment industry. There are 50 other stocks in this industry, of which 77% are performing better than CMTL.
CMTL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CMTL is lagging the market.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month CMTL has a been trading in the 1.71 - 2.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CMTL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for CMTL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.92
3.96
When analyzing the support we can see 2 important areas.
- Support @2.02 from a trend line in the daily time frame.
- A support zone ranging from 1.94 to 1.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @2.28 from a horizontal line in the weekly time frame.
- Resistance @2.39 from a trend line in the daily time frame.
- Resistance @3.92 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for CMTL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CMTL is neutral. |
| ChartMill Relative Strength | 20.58 | NEGATIVE | CMTL has a low relative strength, it was outperformed by 79.42% 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) | UP | POSITIVE | The current price of CMTL is above the rising 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) | 57.36 | NEUTRAL | The RSI value for CMTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CMTL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.81 | NEUTRAL | The Stochastics value for CMTL is a neutral value. |
| Average True Range in percent/ATR (20) | 10.47 | HIGH VOLATILITY | The high ATR as a percentage value for CMTL suggests high volalility. |
| Average Directional Index/ADX (14) | 22.05 | NEUTRAL | The ADX value for CMTL suggests a possible start of a new 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)
2.23
+0.16 (+7.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg7.73%
1 Week6.7%
2 Weeks1.36%
1 Month13.78%
3 Month14.95%
6 Month-39.57%
12 Month-38.74%
2 Year-75.6%
3 Year-75.41%
5 Year-86.8%
10 Year-92.32%
15 Year-92.55%
Volatility
ATR(14)0.25
ATR(20)%10.47%
ATR Inc14.86%
Range Today0.33
ADR(20)0.22
ADR(20)%9.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.58
Mansfield-2.23
10 Day High2.65
10 Day Low1.71
20 Day High2.65
20 Day Low1.71
52 Week High5.16
52 Week Low1.19
CS1 End2.02
CR1 Start2.28
Volume & EV
DER(3)14.01%
DER(5)5.09%
Volume589.30K
Volume Incr-26.69%
Vol(5)284.30K
Vol(50)258.24K