COSTAMARE INC (CMRE) Stock Technical Analysis
NYSE:CMRE - New York Stock Exchange, Inc. - MHY1771G1026 - Common Stock - Currency: USD
Overall CMRE gets a technical rating of 0 out of 10. CMRE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CMRE is a bad performer in the overall market: 84% of all stocks are doing better.
CMRE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
CMRE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CMRE is part of the Marine Transportation industry. There are 29 other stocks in this industry, CMRE did better than 57% of them.
Although the technical rating is bad, CMRE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.46, a Stop Loss order could be placed below this zone.
More info and screens
10.28
13.69
We found 1 important support area.
- A support zone ranging from 10.38 to 10.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.53 to 10.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.95 to 12.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.66 from a trend line in the daily time frame.
- Resistance @13.55 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.7
Mansfield-2.72
10 Day High10.85
10 Day Low10.33
20 Day High12.06
20 Day Low10.33
52 Week High17.58
52 Week Low10.33
Performance
1 Week-0.66%
2 Weeks-2.33%
1 Month-13.61%
3 Month-26.73%
6 Month-23.69%
12 Month-7.67%
2 Year-0.29%
3 Year-22.44%
5 Year60.34%
10 Year-46.11%
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)0.01
RSI(14)30.34
LBB9.93
UBB11.58
10.47
-0.06 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-0.57%
1 Week-0.66%
2 Weeks-2.33%
1 Month-13.61%
3 Month-26.73%
6 Month-23.69%
12 Month-7.67%
2 Year-0.29%
3 Year-22.44%
5 Year60.34%
10 Year-46.11%
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%3.17%
ATR Inc-50.43%
Range Today0.18
ADR(20)0.32
ADR(20)%3.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.7
Mansfield-2.72
10 Day High10.85
10 Day Low10.33
20 Day High12.06
20 Day Low10.33
52 Week High17.58
52 Week Low10.33
CS1 End10.46
CR1 Start10.53
Volume & EV
DER(3)-2.86%
DER(5)-0.48%
Volume363.00K
Volume Incr-16.5%
Vol(5)382.14K
Vol(50)358.61K