COMPASS INC - CLASS A (COMP) Stock Technical Analysis
NYSE:COMP - New York Stock Exchange, Inc. - US20464U1007 - Common Stock - Currency: USD
Taking everything into account, COMP scores 6 out of 10 in our technical rating. Although COMP has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Although the technical rating is only medium, COMP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.42, a Stop Loss order could be placed below this zone.
More info and screens
5.73
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.25 to 6.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.00 from a trend line in the daily time frame.
- Support @5.90 from a horizontal line in the weekly time frame.
- A support zone ranging from 5.79 to 5.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.69 to 6.77. 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 COMP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COMP is up. |
| ChartMill Relative Strength | 77.42 | POSITIVE | COMP has a high relative strength, it outperformed 77.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COMP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of COMP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of COMP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.38 | NEUTRAL | The RSI value for COMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests COMP has a positive trend. |
| Stochastics (14,3) | 76.26 | NEUTRAL | The Stochastics value for COMP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for COMP suggests some volalility. |
| Average Directional Index/ADX (14) | 14.08 | NEGATIVE | The low ADX value for COMP suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 6.78 | 6.24 | 0.54 (7.96%) | 12.56% |
| An entry @6.78. This is a Buy Stop order right above the resistance zone. | An exit @6.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.54 points, which is 7.96%. | When investing 12.56% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
6.68
+0.11 (+1.67%)