USA - New York Stock Exchange - NYSE:CABO - US12685J1051 - Common Stock
We assign a technical rating of 1 out of 10 to CABO. CABO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CABO has a poor technical rating and the quality of the setup is also 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.
125.82
When analyzing the resistance we notice 2 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 | DOWN | NEGATIVE | The long term trend for CABO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CABO is neutral. |
| ChartMill Relative Strength | 6.38 | NEGATIVE | CABO has a low relative strength, it was outperformed by 93.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CABO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CABO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CABO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.37 | NEUTRAL | The RSI value for CABO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.86 | POSITIVE | The MACD value suggests CABO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.13 | NEUTRAL | The Stochastics value for CABO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for CABO suggests high volalility. |
| Average Directional Index/ADX (14) | 24.95 | NEUTRAL | The ADX value for CABO suggests a possible start of a new trend. |
127.09
-3.74 (-2.86%)
ChartMill assigns a technical rating of 1 / 10 to CABO.
The current trend direction for CABLE ONE INC (CABO) is Bearish.
CABLE ONE INC (CABO) has an RSI value of 49.3683. This indicates that the stock is currently neutral.
The MACD indicator for CABLE ONE INC (CABO) has a value of 1.85768, indicating a bullish trend.
The short term momentum for CABLE ONE INC (CABO) is neutral.