COMTECH TELECOMMUNICATIONS (CMTL) Stock Technical Analysis
NASDAQ:CMTL - Nasdaq - US2058262096 - Common Stock - Currency: USD
Overall CMTL gets a technical rating of 6 out of 10. CMTL has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CMTL has a been trading in the 1.32 - 2.38 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, CMTL did better than 78% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
CMTL is part of the Communications Equipment industry. There are 49 other stocks in this industry, CMTL did better than 50% of them.
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 an average technical rating and it also does not offer a high quality setup 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
2.18
4.58
4 important resistance areas can be observed.
- A resistance zone ranging from 2.28 to 2.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.69 from a trend line in the weekly time frame.
- Resistance @4.00 from a trend line in the daily time frame.
- Resistance @4.53 from a horizontal 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 | UP | POSITIVE | The short term trend for CMTL is up. |
| ChartMill Relative Strength | 78.08 | POSITIVE | CMTL has a high relative strength, it outperformed 78.08% 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) | 71.52 | OVERBOUGHT | The high RSI value suggests CMTL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CMTL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.2 | OVERBOUGHT | The high Stochastics value suggests CMTL may be overbought. |
| Average True Range in percent/ATR (20) | 7.56 | HIGH VOLATILITY | The high ATR as a percentage value for CMTL suggests high volalility. |
| Average Directional Index/ADX (14) | 32.07 | POSITIVE | The high ADX value value for CMTL suggests a strong 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)
2.2
-0.04 (-1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-1.79%
1 Week8.91%
2 Weeks34.15%
1 Month54.93%
3 Month29.41%
6 Month-35.1%
12 Month-11.65%
2 Year-80.84%
3 Year-82.41%
5 Year-87.65%
10 Year-92.68%
15 Year-92.36%
Volatility
ATR(14)0.2
ATR(20)%7.56%
ATR Inc3.31%
Range Today0.2
ADR(20)0.16
ADR(20)%7.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.08
Mansfield-2.37
10 Day High2.38
10 Day Low1.52
20 Day High2.38
20 Day Low1.32
52 Week High5.16
52 Week Low1.19
CS1 EndN/A
CR1 Start2.28
Volume & EV
DER(3)6.42%
DER(5)-1.92%
Volume166.00K
Volume Incr-5.91%
Vol(5)196.52K
Vol(50)205.15K