COSTAMARE INC (CMRE)

MHY1771G1026 - Common Stock

16.13  -0.84 (-4.95%)

After market: 16.13 0 (0%)

Technical Rating and Analysis

10

Overall CMRE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CMRE has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CMRE is one of the better performing stocks in the market, outperforming 95% of all stocks.
CMRE is one of the better performing stocks in the Marine Transportation industry, it outperforms 85% of 29 stocks in the same industry.
CMRE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CMRE is lagging the market slightly.
In the last month CMRE has a been trading in the 14.72 - 17.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CMRE Weekly chart
CMRE Daily chart
Setup Rating and Analysis

6

CMRE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

10.76

17.36

5 important support areas can be observed.

  • A support zone ranging from 14.99 to 14.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @11.99 from a trend line in the weekly time frame.
  • A support zone ranging from 11.51 to 11.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @11.10 from a trend line in the daily time frame.
  • Support @10.87 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @17.19 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.96
Mansfield2.4
10 Day High17.58
10 Day Low16.04
20 Day High17.58
20 Day Low14.72
52 Week High17.58
52 Week Low8.54
Performance
1 Week-2.12%
2 Weeks-1.35%
1 Month0.12%
3 Month41.24%
6 Month42.11%
12 Month59.07%
2 Year37.51%
3 Year48.8%
5 Year167.5%
10 Year-31.94%
15 YearN/A
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)-0.08
RSI(14)53.78
LBB15.03
UBB17.65
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
16.6816.030.65 (3.92%)25.00%
An entry @16.68. This is a Buy Stop order right above the 10 day moving average.An exit @16.03. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.65 points, which is 3.92%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.98%.

  • The distance between exit and entry is rather small compared to the average daily movement of CMRE. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CMRE Daily chart

COSTAMARE INC

NYSE:CMRE (7/5/2024, 6:00:00 PM)

After market: 16.13 0 (0%)

16.13

-0.84 (-4.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-4.95%
1 Week-2.12%
2 Weeks-1.35%
1 Month0.12%
3 Month41.24%
6 Month42.11%
12 Month59.07%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.62
ATR(20)%3.53%
ATR Inc
Range Today0.9
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.58
10 Day Low16.04
20 Day High17.58
20 Day Low14.72
52 Week High17.58
52 Week Low8.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume721.24K
Volume Incr-5.88%
Vol(5)809.30K
Vol(50)733.25K