COMSOVEREIGN HOLDING CORP (COMS) Technical Analysis
NASDAQ:COMS • US2056504010
Current stock price
COMS Technical Rating and Analysis
Overall COMS gets a technical rating of 0 out of 10. COMS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, COMS is a bad performer in the overall market: 99% of all stocks are doing better.
- COMS is part of the Communications Equipment industry. There are 48 other stocks in this industry, of which 95% are performing better than COMS.
- COMS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so COMS is lagging the market.
- In the last month COMS has a been trading in the 0.57 - 0.91 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: COMS has an average volume of 18564 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
COMS Weekly and Daily overview Charts
COMS Setup Rating and Analysis
The technical rating of COMS is bad and it also does not present a quality setup 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
COMS Support and Resistance Analysis
0.59
We can see 3 important resistance areas.
- A resistance zone ranging from 0.72 to 0.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.77 from a trend line in the daily time frame.
- A resistance zone ranging from 0.86 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
COMS Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for COMS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COMS is down. |
| ChartMill Relative Strength | 1.99 | NEGATIVE | COMS has a low relative strength, it was outperformed by 98.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COMS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COMS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COMS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.18 | OVERSOLD | The low RSI value suggests COMS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests COMS has a negative trend. |
| Stochastics (14,3) | 15.44 | OVERSOLD | The low Stochastics value suggests COMS may be oversold. |
| Average True Range in percent/ATR (20) | 12.99 | HIGH VOLATILITY | The high ATR as a percentage value for COMS suggests high volalility. |
| Average Directional Index/ADX (14) | 40.79 | POSITIVE | The high ADX value value for COMS suggests a strong trend. |
COMS Chart- and CandleStick Pattern Analysis
COMS Technicals: Chart, Performance Metrics, Trend & Indicators
0.601
0 (-0.4%)
COMSOVEREIGN HOLDING CORP / COMS TA FAQ
Can you provide the ChartMill technical rating for COMSOVEREIGN HOLDING CORP?
ChartMill assigns a technical rating of 0 / 10 to COMS.
Can you provide the trend direction for COMSOVEREIGN HOLDING CORP?
The current trend direction for COMSOVEREIGN HOLDING CORP (COMS) is Bearish.
Can you provide the RSI signal for COMSOVEREIGN HOLDING CORP?
COMSOVEREIGN HOLDING CORP (COMS) has an RSI value of 23.1849. This indicates that the stock is currently oversold.
Can you provide the MACD signal for COMSOVEREIGN HOLDING CORP?
The MACD indicator for COMSOVEREIGN HOLDING CORP (COMS) has a value of -0.0167497, indicating a bearish trend.
What is the buy/sell signal for COMS stock?
The buy/sell signal for COMSOVEREIGN HOLDING CORP (COMS) is sell as both the short term and long term trends are negative.