CALERES INC (CAL) Stock Technical Analysis
NYSE:CAL • US1295001044
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 negative, as is the long term trend. There should be more interesting stocks out there.
- 80% of all other stocks performed better in the past year than CAL.
- CAL is one of the lesser performing stocks in the Specialty Retail industry. 63% of 123 stocks in the same industry do better.
- CAL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CAL has a been trading in the 11.29 - 13.70 range, which is quite wide. It is currently trading near the lows of this range.
CAL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 12.88. Right above this resistance zone may be a good entry point.
More info and screens
11.47
When analyzing the support we notice one important area.
- Support @11.59 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @11.92 from a trend line in the daily time frame.
- A resistance zone ranging from 12.88 to 13.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.48 from a trend line in the daily time frame.
- Resistance @13.82 from a horizontal line in the daily time frame.
- Resistance @14.30 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 | DOWN | NEGATIVE | The short term trend for CAL is down. |
| ChartMill Relative Strength | 20.2 | NEGATIVE | CAL has a low relative strength, it was outperformed by 79.8% 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) | 45.08 | NEUTRAL | The RSI value for CAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CAL has a negative trend. |
| Stochastics (14,3) | 32.49 | NEUTRAL | The Stochastics value for CAL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for CAL suggests high volalility. |
| Average Directional Index/ADX (14) | 14.54 | NEGATIVE | The low ADX value for CAL suggests a weak or negative trend. |
11.88
-0.18 (-1.49%)
CALERES INC / CAL FAQ
Can you provide the ChartMill technical rating for CALERES INC?
ChartMill assigns a technical rating of 0 / 10 to CAL.
What is the trend direction for CAL stock?
The current trend direction for CALERES INC (CAL) is Bearish.
What is the RSI signal for CAL stock?
CALERES INC (CAL) has an RSI value of 45.0814. This indicates that the stock is currently neutral.
What is the MACD signal for CAL stock?
The MACD indicator for CALERES INC (CAL) has a value of -0.0138615, indicating a bearish trend.
What is the short term momentum for CALERES INC (CAL) stock?
The short term momentum for CALERES INC (CAL) is negative.