CABO Cable One Chart, History Price & Graph

Key Takeaways

• CABO remains in a strong downtrend, trading below all major moving averages including the 50-day at 100.9 and 200-day at 98.3.
• RSI(14) at 30.97 indicates oversold conditions, while MACD shows bearish momentum at -6.1.
• Key support levels cluster around 73.0, 71.0, and 69.3; immediate resistance near 80.3 and 78.2.
• Overall technical summary signals strong sell on daily timeframe amid high volatility (ATR 3.86).
• Price action reflects continued weakness with recent sharp declines, testing lower pivot supports.

Trend Analysis

Cable One, Inc. (CABO) has been in a pronounced downtrend over the past year, with the stock price significantly below key long-term moving averages. The chart shows persistent lower highs and lower lows, confirming bearish price action. Over the last quarter, CABO has experienced accelerated declines, particularly following recent earnings, pushing the price toward multi-month lows around 80. This structure suggests sellers remain in control, with limited signs of reversal on higher timeframes.

Moving Averages

All simple and exponential moving averages signal sell for CABO. The 5-day SMA sits at 80.0 and EMA at 80.5, with the price hovering near these short-term levels. Intermediate MAs include the 20-day SMA/EMA at 90.8/89.6, 50-day at 100.9/96.6, and 100-day at 102.6/99.5. The 200-day SMA/EMA at 98.3/100.3 act as major overhead resistance. Price trading below this death cross configuration reinforces the bearish bias, with potential for further downside if support fails.

Momentum Indicators

Momentum oscillators predominantly flash sell signals. The RSI(14) at 30.97 is oversold, hinting at possible short-term relief but not yet diverging bullishly. MACD(12,26) at -6.1 with a sell signal underscores weakening momentum. Stochastic(9,6) at 42.72 and Williams %R at -69.47 also sell, while Stochastic RSI K at 61.3 offers a lone buy reading. ADX(14) at 46.45 confirms a strong downtrend, and CCI(14) at -140.54 indicates oversold extremes. These readings suggest continued pressure unless oversold conditions trigger a bounce.

Support and Resistance Levels

Pivot points provide clear zones: support at S1 73.0, S2 71.0, S3 69.3; pivot at 74.6; resistance at R1 76.6, R2 78.2, R3 80.3. The current price near 80 tests upper pivot resistance. Broader chart levels align with recent lows around 70, while former consolidation near 90-100 now serves as resistance, coinciding with 20-day and 50-day MAs. Traders eye these pivots for potential bounces or breakdowns.

AI Daily Buy/Sell Signals

Tickeron’s AI Daily Buy/Sell Signals leverage artificial intelligence to scrutinize vast market data, technical indicators, and price patterns, generating actionable buy or sell signals for stocks like CABO. These signals draw from trend recognition, historical pattern matching, and momentum shifts to pinpoint potential entry and exit opportunities. Traders rely on them to validate chart setups, time trades amid volatility, and align with prevailing technical biases. By automating complex analysis, the AI aids in confirming trends or spotting reversals efficiently. Explore the AI Daily Buy/Sell Signals for CABO to enhance your technical decision-making.

Technical Outlook and Key Levels to Watch

Traders monitor CABO for a potential bounce from oversold RSI and pivot supports at 73-69, which could test resistance near 80-90 if volume picks up. A breakdown below 69 risks deeper declines toward prior lows. Conversely, a close above 80.3 might signal short-term relief toward 90 MAs. Key indicators to watch include RSI for divergence, MACD histogram for momentum shifts, and price action relative to 50-day MA at 100.9. Sustained ADX strength points to trend continuation unless countered by bullish volume.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full Disclaimers and Limitations.