Technical Analysis for COMS - ComSovereign Holding Corp.

Grade Last Price % Change Price Change
F 0.16 6.67% 0.01
COMS closed up 6.67 percent on Friday, May 10, 2024, on 89 percent of normal volume. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Doji - Bearish? Reversal 0.00%
Earnings Movers Other 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
180 Bearish Setup Bearish Swing Setup 6.67%

   Recent Intraday Alerts

Alert Time
50 DMA Resistance about 16 hours ago
20 DMA Resistance about 16 hours ago
10 DMA Resistance about 16 hours ago
Rose Above 20 DMA about 17 hours ago
Rose Above Previous Day's High about 17 hours ago

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Profile

ComSovereign Holding Corp. Description

ComSovereign Holding Corp. designs, develops, markets, and sells technologically-advanced products for telecom network operators, mobile device carriers, and other enterprises worldwide. The company designs, manufactures, and sells microwave packet radio equipment, such as backhaul telecom radios that transmit broadband voice, video, and data, as well as enable service providers, government agencies, enterprises, and other organizations to meet their increasing bandwidth requirements rapidly and affordably; and in-band full-duplex and transpositional modulation technologies that alleviate the performance limitations of the principal transmission technologies. It also offers intelligent batteries and back-up power solutions for use in cellular towers and other radio access network infrastructures, as well as automotive, aerospace, and marine vehicles; and tethered drones and aerostats for use in intelligence, surveillance, and reconnaissance, as well as communications applications for national defense and security customers. In addition, the company is developing silicon photonic devices used in data interconnects, communication networks, and computing systems. Further, it provides maintenance and support services, as well as other professional services, such as engineering, designing, and developing a range of next-generation network systems and system components. ComSovereign Holding Corp. is based in Dallas, Texas.


Classification

Sector: Communication Services
Industry: Telecom Services
Keywords: Computing Telecommunications Aerospace Broadband Mobile Devices Microwave Wireless Networking Backhaul Communications Applications Communication Networks Cell Site Network Systems

Is COMS 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 2.1199
52 Week Low 0.1112
Average Volume 7,021
200-Day Moving Average 0.82
50-Day Moving Average 0.20
20-Day Moving Average 0.20
10-Day Moving Average 0.17
Average True Range 0.04
RSI (14) 43.18
ADX 31.77
+DI 42.06
-DI 16.80
Chandelier Exit (Long, 3 ATRs) 0.14
Chandelier Exit (Short, 3 ATRs) 0.27
Upper Bollinger Bands 0.28
Lower Bollinger Band 0.13
Percent B (%b) 0.22
BandWidth 76.68
MACD Line -0.02
MACD Signal Line -0.01
MACD Histogram -0.005
Fundamentals Value
Market Cap 431.24 Thousand
Num Shares 2.7 Million
EPS -29.15
Price-to-Earnings (P/E) Ratio -0.01
Price-to-Sales 0.20
Price-to-Book 0.19
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.31
Resistance 3 (R3) 0.33 0.29 0.29
Resistance 2 (R2) 0.29 0.26 0.29 0.28
Resistance 1 (R1) 0.23 0.23 0.21 0.21 0.27
Pivot Point 0.19 0.19 0.19 0.19 0.19
Support 1 (S1) 0.13 0.16 0.11 0.11 0.05
Support 2 (S2) 0.09 0.13 0.09 0.04
Support 3 (S3) 0.03 0.09 0.04
Support 4 (S4) 0.01