COMMSCOPE HOLDING CO INC (COMM) Stock Technical Analysis
NASDAQ:COMM - US20337X1090 - Common Stock
15.92 USD
-0.12 (-0.75%)
15.95 USD
+0.03 (+0.19%)
We assign a technical rating of 10 out of 10 to COMM. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that COMM is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by COMM over the past year are nicely spread over this period.
COMM is one of the better performing stocks in the Communications Equipment industry, it outperforms 95% of 48 stocks in the same industry.
COMM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
COMM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
COMM has an average volume of 7937940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
COMM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
8.83
16.08
We found 3 important support areas.
- A support zone ranging from 15.86 to 15.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.20 from a trend line in the daily time frame.
- Support @8.92 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 | UP | POSITIVE | The long term trend for COMM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COMM is up. |
| ChartMill Relative Strength | 98.88 | POSITIVE | COMM has a high relative strength, it outperformed 98.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COMM is above 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) | 70.99 | OVERBOUGHT | The high RSI value suggests COMM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests COMM has a negative trend. |
| Stochastics (14,3) | 67.52 | NEUTRAL | The Stochastics value for COMM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for COMM suggests some volalility. |
| Average Directional Index/ADX (14) | 47.92 | POSITIVE | The high ADX value value for COMM 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.62 | 15.85 | 0.77 (4.63%) | 21.58% |
| An entry @16.62. This is a Buy Stop order right above the 10 day high. | An exit @15.85. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.77 points, which is 4.63%. | For a 1.00% total portfolio risk, you can invest 21.58% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of COMM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.92
-0.12 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.75%
1 Week0.13%
2 Weeks1.47%
1 Month9.72%
3 Month162.71%
6 Month200.09%
12 Month291.16%
2 Year373.81%
3 Year72.86%
5 Year76.89%
10 Year-46.99%
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%4.58%
ATR Inc12.04%
Range Today0.78
ADR(20)0.72
ADR(20)%4.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.88
Mansfield12.53
10 Day High16.61
10 Day Low14.93
20 Day High16.61
20 Day Low14
52 Week High16.61
52 Week Low2.94
CS1 End15.91
CR1 StartN/A
Volume & EV
DER(3)0.17%
DER(5)2.32%
Volume5.28M
Volume Incr-46.88%
Vol(5)6.14M
Vol(50)7.94M