COSTAMARE INC (CMRE)
MHY1771G1026 - Common Stock
We assign a technical rating of 7 out of 10 to CMRE. In the last year, CMRE was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that CMRE is one of the better performing stocks in the market, outperforming 80% of all stocks.
CMRE is one of the better performing stocks in the Marine Transportation industry, it outperforms 80% of 27 stocks in the same industry.
CMRE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CMRE is lagging the market.
In the last month CMRE has a been trading in the 13.08 - 14.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, CMRE also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
12.71
15.99
We found 4 important support areas.
- Support @13.92 from a trend line in the weekly time frame.
- Support @13.51 from a trend line in the daily time frame.
- Support @13.14 from a horizontal line in the weekly time frame.
- A support zone ranging from 12.84 to 12.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 14.06 to 14.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.78 to 14.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.54 from a horizontal line in the weekly time frame.
- Resistance @15.83 from a horizontal 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
CRS80.29
Mansfield-0.32
10 Day High14.85
10 Day Low13.66
20 Day High14.85
20 Day Low13.08
52 Week High17.58
52 Week Low9.16
Performance
1 Week-3.37%
2 Weeks-3.3%
1 Month3.92%
3 Month2.48%
6 Month-6.7%
12 Month44.8%
2 Year45.85%
3 Year17.17%
5 Year70.84%
10 Year-29.17%
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)0.04
RSI(14)47.36
LBB13.84
UBB14.76
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 |
|---|---|---|---|
| 14.37 | 13.91 | 0.46 (3.20%) | 25.00% |
| An entry @14.37. This is a Buy Stop order right above the resistance zone. | An exit @13.91. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.46 points, which is 3.20%. | For a 0.80% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
COSTAMARE INC
NYSE:CMRE (11/21/2024, 8:20:13 PM)
After market: 14.06 0 (0%)14.06
-0.38 (-2.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-2.63%
1 Week-3.37%
2 Weeks-3.3%
1 Month3.92%
3 Month2.48%
6 Month-6.7%
12 Month44.8%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.39
ATR(20)%2.86%
ATR Inc
Range Today0.45
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 High14.85
10 Day Low13.66
20 Day High14.85
20 Day Low13.08
52 Week High17.58
52 Week Low9.16
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume312.50K
Volume Incr-18.85%
Vol(5)247.18K
Vol(50)330.16K