Cabot Microelectronics Corporation ($CCMP) Is Picking Up Steam (2019-11-14)

REPORTING FOR 2019-11-14 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how CCMP has been trading over the last 2 weeks and the past day especially. On its latest session, Cabot Microelectronics Corporation ($CCMP) opened at 155.38, reaching a high of 157.37 and a low of 153.7485 before closing at a price of 156.69. There was a total volume of 68106.

VOLUME INDICATORS FOR CABOT MICROELECTRONICS CORPORATION ($CCMP): We saw an accumulation-distribution index of 1139.86381, an on-balance volume of 156.39, chaikin money flow of 2.6397 and a force index of -0.40717. There was an ease of movement rating of -0.00219, a volume-price trend of 30.40338 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR CABOT MICROELECTRONICS CORPORATION ($CCMP): We noted an average true range of 1.6377, bolinger bands of 156.43127, an upper bollinger band of 152.46723, lower bollinger band of 153.7485, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 155.4995, high band keltner channel of 153.5095, low band keltner channel of 157.4895, 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 153.7485, a donchian channel low band of 153.7485, a donchian channel high band indicator of nan, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR CABOT MICROELECTRONICS CORPORATION ($CCMP): We calculated a Moving Average Convergence Divergence (MACD) of 0.03144, a MACD signal of 0.01747, a MACD difference of 0.01398, a fast Exponential Moving Average (EMA) indicator of 153.7485, a slow Exponential Moving Average (EMA) indicator of 153.7485, 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 0.2142, a trix of 11.91571, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -25.09562, a KST Oscillator (KST) of 195.06453 and a KST Oscillator (KST Signal) of 195.06453 (leaving a KST difference of 2.72341). We also found an Ichimoku rating of 156.375, an Ichimoku B rating of 156.375, a Ichimoku visual trend A of 134.84153, an Ichimoku visual trend B of 141.22356, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR CABOT MICROELECTRONICS CORPORATION ($CCMP): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 93.89571, a stochastic oscillator of 181.98492, a stochastic oscillator signal of 181.98492, a Williams %R rating of 81.98492 and an awesome oscillator of 0.1535.

RETURNS FOR CABOT MICROELECTRONICS CORPORATION ($CCMP): There was a daily return of 19.50645, a daily log return of 0.90742 and a cumulative return of 0.91155.

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 2019-11-14 (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 Cabot Microelectronics Corporation ($CCMP)…

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 Cabot Microelectronics Corporation ($CCMP) 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.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

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