CALLAWAY GOLF COMPANY (CALY) Technical Analysis
NYSE:CALY • US1311931042
Current stock price
CALY Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to CALY. In the last year, CALY was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 100% of all other stocks performed better in the past year than CALY.
- CALY is part of the Leisure Products industry. There are 31 other stocks in this industry, of which 86% are performing better than CALY.
- Both the short term and long term trends are positive. This is a very positive sign.
- CALY has an average volume of 2881800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CALY has a been trading in the 12.96 - 14.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CALY Weekly and Daily overview Charts
CALY Setup Rating and Analysis
Although the technical rating is only medium, CALY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 13.72, a Stop Loss order could be placed below this zone.
More info and screens
CALY Support and Resistance Analysis
12.45
We found 3 important support areas.
- A support zone ranging from 13.59 to 13.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @12.95 from a horizontal line in the daily time frame.
- A support zone ranging from 12.58 to 12.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.01 to 14.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.51 from a horizontal line in the daily time frame.
CALY Technical Indicator Signal Analysis
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 CALY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CALY is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CALY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CALY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CALY is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 51.5 | NEUTRAL | The RSI value for CALY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CALY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.13 | NEUTRAL | The Stochastics value for CALY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for CALY suggests some volalility. |
| Average Directional Index/ADX (14) | 14.8 | NEGATIVE | The low ADX value for CALY suggests a weak or negative trend. |
CALY Chart- and CandleStick Pattern Analysis
CALY Technicals: Chart, Performance Metrics, Trend & Indicators
14
-0.1 (-0.71%)
CALLAWAY GOLF COMPANY / CALY TA FAQ
What is the ChartMill technical rating of CALLAWAY GOLF COMPANY (CALY) stock?
ChartMill assigns a technical rating of 4 / 10 to CALY.
What is the trend direction for CALY stock?
The current trend direction for CALLAWAY GOLF COMPANY (CALY) is Bullish.
Can you provide the RSI signal for CALLAWAY GOLF COMPANY?
CALLAWAY GOLF COMPANY (CALY) has an RSI value of 51.501. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CALLAWAY GOLF COMPANY?
The short term momentum for CALLAWAY GOLF COMPANY (CALY) is positive.
What is the buy/sell signal for CALY stock?
The buy/sell signal for CALLAWAY GOLF COMPANY (CALY) is buy as both the short term and long term trends are positive.