Callidus Software (CALD) Stock Technical Analysis
NASDAQ:CALD
Overall CALD gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CALD has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CALD did better than 94% of all other stocks. On top of that, CALD also shows a nice and consistent pattern of rising prices.
- CALD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- CALD has an average volume of 2025030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CALD has a been trading in a tight range between 35.85 and 36.00.
CALD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 36.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 35.95, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
29.35
When analyzing the support we can see 3 important areas.
- A support zone ranging from 35.49 to 35.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.06 to 31.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.65 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.01 to 36.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for CALD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CALD is up. |
| ChartMill Relative Strength | 94.23 | POSITIVE | CALD has a high relative strength, it outperformed 94.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CALD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CALD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CALD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.12 | OVERBOUGHT | The high RSI value suggests CALD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests CALD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests CALD may be overbought. |
| Average True Range in percent/ATR (20) | 0.2 | LOW VOLATILITY | The low ATR as a percentage value for CALD suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.02 | 35.84 | 0.18 (0.50%) | 25.00% |
| An entry @36.02. This is a Buy Stop order right above the resistance zone. | An exit @35.84. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.18 points, which is 0.50%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.12%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
36
+0.02 (+0.07%)
Callidus Software / CALD FAQ
Can you provide the ChartMill technical rating for Callidus Software?
ChartMill assigns a technical rating of 10 / 10 to CALD.
What is the current trend direction of Callidus Software (CALD) stock?
The current trend direction for Callidus Software (CALD) is Bullish.
What is the RSI signal for Callidus Software (CALD) stock?
Callidus Software (CALD) has an RSI value of 74.1216. This indicates that the stock is currently overbought.
What is the buy/sell signal for Callidus Software (CALD) stock?
The buy/sell signal for Callidus Software (CALD) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for Callidus Software (CALD) stock?
Callidus Software (CALD) has a support level at 35.95 and a resistance level at 36.01. Check the full technical report for our detailed analysis of CALD support and resistance levels.