Taking everything into account, COMS scores 0 out of 10 in our technical rating. 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.
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.
0.59
We can see 3 important resistance 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 | 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. |
0.601
0 (-0.4%)
ChartMill assigns a technical rating of 0 / 10 to COMS.
The current trend direction for COMSOVEREIGN HOLDING CORP (COMS) is Bearish.
COMSOVEREIGN HOLDING CORP (COMS) has an RSI value of 23.1849. This indicates that the stock is currently oversold.
The MACD indicator for COMSOVEREIGN HOLDING CORP (COMS) has a value of -0.0167497, indicating a bearish trend.
The short term momentum for COMSOVEREIGN HOLDING CORP (COMS) is negative.