Country Icon

Cabot Microelectronics Corporation (CCMP) - Buy, Sell or Hold?

Sector: Technology   Sub-Sector: Semiconductors
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 18 Aug 2017NoneBullish EngulfingFri, 11 Aug 2017-2.28%
***Stock database and scans are updated around midnight (New York time) every trading day.
68.80 0.00 (0%) Aug 21 9:44am EDT
Open: 68.8500 Range: 68.1982 - 69.4000 Vol: 3.11K Avg Vol: 218.25K
EPS: 3.21 P/E ratio: 21.48 EBITDA: 131.35M Mkt Cap: 1.74B
Analyze "CCMP" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 69.47
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 72.68
Last Trade is below the 50 day moving average at 74.59
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 70.08
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of CCMP

Stock Trend Analysis - Buy, Sell or Hold "Cabot Microelectronics Corporation" (CCMP)?

Although CCMP is currently trading below its 200 day moving average, it is prudent to note that in the last 52 weeks, CCMP has been trading above the 200 day moving average for 99% of the time with an average daily volume of 218.2K shares changing hands. This could portend a sustained reversal in trend, or just a slight bump in the road prior to resuming its bullish bias.The 50 day moving average indicates a medium term trading range with a bullish upside inclination. The 20 day moving average is however on a slight bearish bias, otherwise, it is also indicating range bound trading. Objectively, as long as CCMP is trading below its 200 SMA, rallies will be sold into and traders can expect a lot of resistance near the 200 SMA currently at 70.08. Technically there are too many uncertainties to recommend a buy on this stock at this moment. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "CCMP".

The analyst consensus estimates for the 1 year price target for this stock is $85.67* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 18 Aug 2017
Technology Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
PLUSePlus Inc.Buy, Sell or HoldTrading Levels & Pivots
SONSSonus Networks, Inc.Buy, Sell or HoldTrading Levels & Pivots
VMWVmware, Inc.Buy, Sell or HoldTrading Levels & Pivots
TTECTeleTech Holdings, Inc.Buy, Sell or HoldTrading Levels & Pivots
MITKMitek Systems, Inc.Buy, Sell or HoldTrading Levels & Pivots
SGMSScientific Games CorpBuy, Sell or HoldTrading Levels & Pivots
TXNTexas Instruments IncorporatedBuy, Sell or HoldTrading Levels & Pivots
MDSOMedidata Solutions, Inc.Buy, Sell or HoldTrading Levels & Pivots
AZPNAspen Technology, Inc.Buy, Sell or HoldTrading Levels & Pivots
ACIWACI Worldwide, Inc.Buy, Sell or HoldTrading Levels & Pivots