Overall COMM gets a technical rating of 9 out of 10. In the last year, COMM was one of the better performers, but we do observe some doubts in the very recent evolution.
COMM has an excellent technical rating, but the quality of the setup is only medium 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.
15.10
When analyzing the support we can see 3 important areas.
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 | 98.43 | POSITIVE | COMM has a high relative strength, it outperformed 98.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of COMM is above a declining 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) | 52.46 | NEUTRAL | The RSI value for COMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests COMM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.87 | NEUTRAL | The Stochastics value for COMM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for COMM suggests some volalility. |
| Average Directional Index/ADX (14) | 12.84 | NEGATIVE | The low ADX value for COMM suggests a weak or negative trend. |
18.5
+0.72 (+4.05%)
ChartMill assigns a technical rating of 9 / 10 to COMM.
The current trend direction for COMMSCOPE HOLDING CO INC (COMM) is Bullish.
COMMSCOPE HOLDING CO INC (COMM) has an RSI value of 52.4629. This indicates that the stock is currently neutral.
The short term momentum for COMMSCOPE HOLDING CO INC (COMM) is neutral.