Crucial Technical Analysis Released on CMC CORPORATION (2185) (2019-08-16)

NB: During our research, we found some fantastic resources for CMC CORPORATION investors. These are the Beat The Market Analyzer software (used to scan, find and analyze stocks like 2185), Microcap Millionaires (people here are making a ton trading microcap stocks) and Trader HR (a professional trading room run by experts). Have a look through those first.


REPORTING FOR 2019-08-16 | AMARKETREPORTSJOURNAL.COM: We have conducted a deep analysis of how CMC CORPORATION (2185) has been trading over the last 2 weeks and the past day especially. On its latest session, CMC CORPORATION (2185) opened at 2100.0, reaching a high of 2123.0 and a low of 2078.0 before closing at a price of 2087.0. There was a total volume of 2400.0.

VOLUME INDICATORS: We saw an accumulation-distribution index of 8592.57686, an on-balance volume of 2142.0, chaikin money flow of 2.91304 and a force index of 2726.0. There was an ease of movement rating of -2.90523, a volume-price trend of -134.91689 and a negative volume index of 1000.0. Is this bullish or bearish for 2185? Click here for a short explanation of volume indicators.

VOLATILITY: We noted an average true range of 38.56566, bolinger bands of 2093.31371, an upper bollinger band of 2070.68629, lower bollinger band of 2078.0, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 2100.33333, high band keltner channel of 2077.33333, low band keltner channel of 2123.33333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 2078.0, a donchian channel low band of 2078.0, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0. Is this bullish or bearish for 2185? Click here for a short explanation of volatility indicators.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of 0.17949, a MACD signal of 0.09972, a MACD difference of 0.07977, a fast Exponential Moving Average (EMA) indicator of 2078.0, a slow Exponential Moving Average (EMA) indicator of 2078.0, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.26095, a trix of -6.84376, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 143.41, a KST Oscillator (KST) of -64.5581 and a KST Oscillator (KST Signal) of -64.5581 (leaving a KST difference of 0.90033). We also found an Ichimoku rating of 2111.5, an Ichimoku B rating of 2111.5, a Ichimoku visual trend A of 2272.37, an Ichimoku visual trend B of 2288.135, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0. Is this bullish or bearish for 2185? Click here for a short explanation of trend indicators.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 51.06722, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -45.72706, a stochastic oscillator of 195.65217, a stochastic oscillator signal of 195.65217, a Williams %R rating of 95.65217 and an awesome oscillator of 14.66667. Is this bullish or bearish for 2185? Click here for a short explanation of momentum indicators.

RETURNS: There was a daily return of -6.45581, a daily log return of 0.38425 and a cumulative return of 0.38499.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-08-16 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for CMC CORPORATION (2185)…


For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on CMC CORPORATION, we strongly advise CMC CORPORATION investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like CMC CORPORATION – without this you are trading blind:

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DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling CMC CORPORATION (2185) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

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