Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(CMTL) Comtech Telecommunications complete technical analysis [charts+indicators] | Buy/Sell Comtech Telecommunications | (CMTL) share price targets

Complete technical analysis of Comtech Telecommunications (CMTL) by charts plus indicators, forecast predictions and share price targets for Comtech Telecommunications (CMTL)

Comtech Telecommunications trades in USA in Technology sector.

Showing technical analysis as on 2024-06-04 View latest technical analysis

10 day averaged volume of Comtech Telecommunications is 1024568

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	2.54	2.55	2.68	2.47	0.388 times
03 Mon Jun 2024	2.57	2.55	2.63	2.43	0.453 times
31 Fri May 2024	2.49	2.50	2.56	2.39	0.375 times
30 Thu May 2024	2.42	2.53	2.70	2.41	0.467 times
29 Wed May 2024	2.52	2.50	2.61	2.42	0.508 times
28 Tue May 2024	2.56	2.22	2.64	2.22	0.789 times
23 Thu May 2024	2.21	2.22	2.50	2.16	0.723 times
22 Wed May 2024	2.22	2.25	2.34	2.17	0.533 times
21 Tue May 2024	2.25	2.51	2.53	2.13	1.197 times
20 Mon May 2024	2.51	2.04	2.91	2.03	4.286 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.5, but if it comes below 2.5, then a intra day sell could be more profitable.
If you take a sell trade below 2.5, then use 2.5 as stoploss and 2.15 as target. However if you take a buy trade in stock , then use 2.5 as stoploss and 2.8 as target.

Share price targets for Comtech Telecommunications (CMTL)

Target Type	Value
Downside Target	1.53
Downside Target	1.67
Downside Target	2.03
Downside Target	2.14
Downside Target	2.22
Downside Target	2.43
Upside Target	2.68
Upside Target	2.91
Upside Target	3.06
Upside Target	3.45
Upside Target	5.77
Upside Target	6.73
Upside Target	7.28

Intraday share price targets for Comtech Telecommunications (CMTL)

Target Type	Value
Downside Intraday Target	2.42
Downside Intraday Target	2.3
Upside Intraday Target	2.67
Upside Intraday Target	2.8
Upside Intraday Target	2.55

Weekly technical analysis of Comtech Telecommunications (CMTL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	2.54	2.55	2.68	2.43	0.393 times
31 Fri May 2024	2.49	2.22	2.70	2.22	0.317 times
23 Thu May 2024	2.21	2.04	2.91	2.03	3.612 times
17 Fri May 2024	2.04	1.70	2.23	1.70	0.894 times
10 Fri May 2024	1.70	2.02	2.14	1.67	0.952 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Comtech Telecommunications (CMTL)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	2.54	2.55	2.68	2.43	0.061 times
31 Fri May 2024	2.49	1.90	2.91	1.67	0.992 times
30 Tue Apr 2024	1.88	3.45	3.45	1.53	0.821 times
28 Thu Mar 2024	3.43	6.73	6.73	3.06	2.922 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Comtech Telecommunications (CMTL)

Price action analysis of Comtech Telecommunications ( (CMTL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Comtech Telecommunications ( (CMTL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Comtech Telecommunications ( (CMTL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Comtech Telecommunications stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Comtech Telecommunications in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Comtech Telecommunications Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Comtech Telecommunications in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Comtech Telecommunications is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.44 and Comtech Telecommunications (CMTL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Comtech Telecommunications (CMTL) stock. Volume based technical analysis of Comtech Telecommunications (CMTL) stock is negative.

Comtech Telecommunications Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.