Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
CMC Materials, Inc. (NASDAQ:CCMP)
Bear Market Rally (-75) - CCMP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CCMP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CCMP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CCMP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CCMP
The long-term trend has been DOWN since May 11th, 2021 at 148.11
The intermediate-term trend has been UP since Oct 19th, 2021 at 129.38
The short-term trend has been DOWN since Oct 26th, 2021 at 127.70
Smart Scan Analysis for CCMP
Based on our trend formula, CCMP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||123.76||Year High Date||2018-08-07|
|Year Low||89.19||Year Low Date||2018-10-24|
|52wk High||198.605||52wk High Date||2021-04-07|
|52wk Low||119.19||52wk Low Date||2021-08-20|
|Year End Close||35.51||Average Volume||117,114|
|Shares Outstanding||29,222||Short Interest||2,248,535|