CALERES INC (CAL) Stock Technical Analysis
NYSE:CAL - New York Stock Exchange, Inc. - US1295001044 - Common Stock - Currency: USD
Taking everything into account, CAL scores 0 out of 10 in our technical rating. CAL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CAL is a bad performer in the overall market: 92% of all stocks are doing better.
CAL is part of the Specialty Retail industry. There are 120 other stocks in this industry, of which 81% are performing better than CAL.
CAL is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CAL is lagging the market.
In the last month CAL has a been trading in the 13.14 - 18.27 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CAL has an average volume of 1166380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of CAL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
13.32
18.09
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 16.07 to 16.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.27 to 17.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @17.91 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CAL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CAL is neutral. |
| ChartMill Relative Strength | 8.28 | NEGATIVE | CAL has a low relative strength, it was outperformed by 91.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CAL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CAL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CAL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.07 | NEUTRAL | The RSI value for CAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests CAL has a negative trend. |
| Stochastics (14,3) | 17.43 | OVERSOLD | The low Stochastics value suggests CAL may be oversold. |
| Average True Range in percent/ATR (20) | 7.67 | HIGH VOLATILITY | The high ATR as a percentage value for CAL suggests high volalility. |
| Average Directional Index/ADX (14) | 18.83 | NEGATIVE | The low ADX value for CAL suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
13.45
+0.07 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.52%
1 Week-18.53%
2 Weeks-23.27%
1 Month-12.32%
3 Month-16.77%
6 Month-56.71%
12 Month-61.22%
2 Year-22.07%
3 Year-52.74%
5 Year87.59%
10 Year-56.51%
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%7.67%
ATR Inc92.53%
Range Today0.52
ADR(20)0.8
ADR(20)%5.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.28
Mansfield-5.06
10 Day High18.12
10 Day Low13.14
20 Day High18.27
20 Day Low13.14
52 Week High44.51
52 Week Low13.14
CS1 EndN/A
CR1 Start16.07
Volume & EV
DER(3)-3.29%
DER(5)-0.79%
Volume1.81M
Volume Incr206.15%
Vol(5)2.22M
Vol(50)1.17M