CBM Forecast and Technical Stock Analysis
Hold candidate since 2019-12-26 PDF
No changes to the price of Cambrex Corporation in the last trading day ( Friday, 17th Jan 2020 ). During the day the stock fluctuated 0.00% from a day low at $59.99 to a day high of $59.99. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
- 30 day high of the CBM stock price was $59.99 and low was $59.99.
- 90 day high was $59.99 and low was $59.52.
- 52 week high for Cambrex Corporation - $60.29 and low - $33.80.
Cambrex Corporation is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Cambrex Corporation with a 90% probability to be traded between $60.28 and $60.56 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Cambrex Corporation holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $59.99 and $59.99. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Thursday January 16, 2020, which indicates further falls until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 50 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Cambrex Corporation finds support from accumulated volume at $59.82.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 0.00%.
Our recommended stop-loss: $57.59 (-4.00%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from pivot top found 1 day(s) ago.)
0.00 %Average volatility
Very Low Low Medium High Very High
Cambrex Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as hold candidate (hold or accumulate) in this position whilst awaiting further development.
|CBM $59.99 ($0.00 0.00%)|
CBM is down $0.00 today, but where's it headed in 2020?
|Zacks Investment Research is releasing its prediction for CBM based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the CBM analysis is free »
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.