NYSEARCA:CMT - NYSE Arca - US2186831002 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CMT. CMT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CMT 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 13.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CMT in the last couple of days, which is a good sign.
12.92
We found 1 important support area.
We can see 4 important resistance areas.
13.76
+0.16 (+1.18%)