Taking everything into account, COMB scores 1 out of 10 in our technical rating. COMB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of COMB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
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18.88
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.37 to 20.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.07 to 19.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @21.36 from a trend line in the weekly time frame.
- A resistance zone ranging from 22.01 to 22.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.65 to 23.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 COMB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COMB is down. |
| ChartMill Relative Strength | 50.28 | NEUTRAL | COMB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COMB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COMB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COMB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.15 | NEUTRAL | The RSI value for COMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests COMB has a negative trend. |
| Stochastics (14,3) | 4.78 | OVERSOLD | The low Stochastics value suggests COMB may be oversold. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for COMB suggests low volalility. |
| Average Directional Index/ADX (14) | 19.48 | NEGATIVE | The low ADX value for COMB suggests a weak or negative trend. |
21.147
+0.04 (+0.18%)
GRANITESHARES BCOM BROAD STR / COMB FAQ
What is the technical rating for COMB stock?
ChartMill assigns a technical rating of 1 / 10 to COMB.
What is the trend direction for COMB stock?
The current trend direction for GRANITESHARES BCOM BROAD STR (COMB) is Bearish.
Can you provide the RSI signal for GRANITESHARES BCOM BROAD STR?
GRANITESHARES BCOM BROAD STR (COMB) has an RSI value of 33.1458. This indicates that the stock is currently neutral.
What are the support and resistance levels for GRANITESHARES BCOM BROAD STR (COMB) stock?
GRANITESHARES BCOM BROAD STR (COMB) has a support level at 20.58 and a resistance level at 21.36. Check the full technical report for our detailed analysis of COMB support and resistance levels.