Overall COMM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, COMM is showing a nice and steady performance.
Although COMM has an excellent technical rating, it does not present a decent entry opportunity 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
14.03
When analyzing the support we can see 2 important areas.
- Support @17.71 from a trend line in the daily time frame.
- Support @14.17 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 | UP | POSITIVE | The long term trend for COMM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COMM is neutral. |
| ChartMill Relative Strength | 97.89 | POSITIVE | COMM has a high relative strength, it outperformed 97.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of COMM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COMM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COMM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.48 | NEUTRAL | The RSI value for COMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests COMM has a negative trend. |
| Stochastics (14,3) | 31.39 | NEUTRAL | The Stochastics value for COMM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.67 | MEDIUM VOLATILITY | The ATR as a percentage value for COMM suggests some volalility. |
| Average Directional Index/ADX (14) | 25.81 | POSITIVE | The high ADX value value for COMM suggests a strong trend. |
18.35
-0.68 (-3.57%)
COMMSCOPE HOLDING CO INC / COMM FAQ
What is the ChartMill technical rating of COMMSCOPE HOLDING CO INC (COMM) stock?
ChartMill assigns a technical rating of 10 / 10 to COMM.
What is the trend direction for COMM stock?
The current trend direction for COMMSCOPE HOLDING CO INC (COMM) is Bullish.
What is the RSI signal for COMM stock?
COMMSCOPE HOLDING CO INC (COMM) has an RSI value of 48.4788. This indicates that the stock is currently neutral.
What is the short term momentum for COMMSCOPE HOLDING CO INC (COMM) stock?
The short term momentum for COMMSCOPE HOLDING CO INC (COMM) is neutral.