CAMDEN NATIONAL CORP (CAC) Stock Technical Analysis
NASDAQ:CAC - Nasdaq - US1330341082 - Common Stock - Currency: USD
Overall CAC gets a technical rating of 2 out of 10. Although CAC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
Looking at the yearly performance, CAC did better than 76% of all other stocks. However, CAC's most recent performance is quite weak.
CAC is an average performer in the Banks industry, it outperforms 57% of 398 stocks in the same industry.
CAC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month CAC has a been trading in the 34.53 - 40.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CAC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 38.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.85, a Stop Loss order could be placed below this zone.
More info and screens
35.26
44.21
2 important support areas can be observed.
- A support zone ranging from 36.34 to 36.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.62 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 38.83 to 39.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 41.68 to 41.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @43.77 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.57
Mansfield0.04
10 Day High39.66
10 Day Low35.4
20 Day High40.85
20 Day Low34.53
52 Week High50.07
52 Week Low30.78
Performance
1 Week4.02%
2 Weeks6.53%
1 Month-4.41%
3 Month-14.42%
6 Month-7.75%
12 Month21.2%
2 Year21.5%
3 Year-13.25%
5 Year18.53%
10 Year51.96%
15 Year62.97%
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)
Technical Indicators
MACD(12,26,9)0.37
RSI(14)49.01
LBB35.9
UBB39.67
38.82
+0.08 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.21%
1 Week4.02%
2 Weeks6.53%
1 Month-4.41%
3 Month-14.42%
6 Month-7.75%
12 Month21.2%
2 Year21.5%
3 Year-13.25%
5 Year18.53%
10 Year51.96%
15 Year62.97%
Volatility
ATR(14)1.62
ATR(20)%4.29%
ATR Inc-57.37%
Range Today0.56
ADR(20)1.55
ADR(20)%4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.57
Mansfield0.04
10 Day High39.66
10 Day Low35.4
20 Day High40.85
20 Day Low34.53
52 Week High50.07
52 Week Low30.78
CS1 End36.85
CR1 Start38.83
Volume & EV
DER(3)0.56%
DER(5)-0.44%
Volume49.40K
Volume Incr-28.44%
Vol(5)72.38K
Vol(50)96.28K