NYSEARCA:CMDY - NYSE Arca - US46431W5985 - ETF - Currency: USD
Overall CMDY gets a technical rating of 3 out of 10. In the last year, CMDY was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
CMDY 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 50.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.02, 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.
45.20
We found 3 important support areas.
When analyzing the resistance we notice one important area.
NYSEARCA:CMDY (4/25/2025, 8:04:02 PM)
50.09
-0.11 (-0.22%)