NYSEARCA:CMDY - NYSE Arca - US46431W5985 - ETF - Currency: USD
Taking everything into account, CMDY scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, CMDY has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, CMDY also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 50.63, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CMDY in the last couple of days, which is a good sign.
45.02
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
51.47 | 49.86 | 1.61 (3.13%) | 25.00% |
An entry @51.47. This is a Buy Stop order right above the 10 day high. | An exit @49.86. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.61 points, which is 3.13%. | For a 0.78% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NYSEARCA:CMDY (3/7/2025, 8:15:20 PM)
50.85
+0.23 (+0.45%)