NASDAQ
On the weekly chart, CMTL has been moving sideways between $1.53 and $7.28 since 18 Feb 2024.
Since 2020, NasdaqScan has found 2 sideways ranges in CMTL. The completed range lasted 1295 days. It broke downward. The latest retest signal NasdaqScan detected in CMTL was in the week of 25 Sept 2022, below the earlier $11.48 – $37.34 range.
The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.
Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.
Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.
| Range | Started | Ended | How it ended | Retest signals (week of) |
|---|---|---|---|---|
| 18 Feb 2024 | Open | — | — | |
| 26 Jan 2020 | 13 Aug 2023 (1295 days) | Broke below the range at $9.11 | 25 Sept 2022 (Go ahead) |
All NASDAQ stocks with retest patterns →
Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.