Technical Analysis for CMWAY - Commonwealth Bank of

Grade Last Price % Change Price Change
grade A 50.0 0.93% 0.4600
CMWAY closed up 0.93 percent on Monday, July 6, 2020, on 27 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical CMWAY trend table...

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
200 DMA Resistance Bearish 0.93%
Narrow Range Bar Range Contraction 0.93%
Older signals for CMWAY ...

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Profile

Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. The company offers retail, premium, business, and institutional banking; and funds management, superannuation, insurance, investment, and share-broking products and services. It operates through Retail Banking Services, Business and Private Banking, Institutional Banking and Markets, Wealth Management, New Zealand, Bankwest, and IFS and Other Divisions. The company provides transaction and savings accounts, term deposits, personal and business loans, credit cards, insurance products, international payment, and private banking services, as well as home loans. It also offers financial planning and share trading services, managed funds, investment growth bonds, property investments, and self-managed super funds; allocated pensions and guaranteed annuities; and merchant, international and foreign exchange, insurance and risk management services. In addition, the company provides debt raising, financial and commodities price risk management, and transactional banking services; asset management, platform administration, and financial advice services. It operates 1,267 branches; and 4,253 ATMs in Australia. Commonwealth Bank of Australia was founded in 1911 and is headquartered in Sydney, Australia.
Financial Services Bank Asset Management Insurance Products Ing Group Ing Australia Management Private Banking Services Banks Of Australia Risk Management Services Pioneer Investcorp Ltd. Sanlam Institutional Banking Bankwest Commodities Price Risk Management Commonwealth Bank Debt Raising Financial Advice Services Share Broking Products Share Trading Services Transactional Banking Services

Is CMWAY a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 61.21
52 Week Low 31.0
Average Volume 52,302
200-Day Moving Average 49.5678
50-Day Moving Average 43.3586
20-Day Moving Average 47.7830
10-Day Moving Average 47.9930
Average True Range 1.2303
ADX 19.2
+DI 38.9727
-DI 23.1872
Chandelier Exit (Long, 3 ATRs ) 46.3091
Chandelier Exit (Short, 3 ATRs ) 48.9209
Upper Bollinger Band 50.2232
Lower Bollinger Band 45.3428
Percent B (%b) 0.95
BandWidth 10.2137
MACD Line 1.4486
MACD Signal Line 1.4606
MACD Histogram -0.012
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 50.2625
Resistance 3 (R3) 50.2333 50.1167 50.2188
Resistance 2 (R2) 50.1167 50.0498 50.1313 50.2042
Resistance 1 (R1) 50.0583 50.0085 50.0875 50.0875 50.1896
Pivot Point 49.9417 49.9417 49.9563 49.9563 49.9417
Support 1 (S1) 49.8833 49.8748 49.9125 49.9125 49.8104
Support 2 (S2) 49.7667 49.8335 49.7813 49.7958
Support 3 (S3) 49.7083 49.7667 49.7813
Support 4 (S4) 49.7375