CAPSTONE HOLDING CORP (CAPS) Technical Analysis
NASDAQ:CAPS • US14068E2081
Current stock price
CAPS Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to CAPS. Recently some decent action could be observed, but in the medium term time frame this is still negative. CAPS was also a bad performer in the overall market in the last year.
- 90% of all other stocks performed better in the past year than CAPS.
- CAPS is one of the lesser performing stocks in the Trading Companies & Distributors industry. 80% of 48 stocks in the same industry do better.
- CAPS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CAPS is lagging the market.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month CAPS has a been trading in the 0.53 - 0.79 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CAPS Weekly and Daily overview Charts
CAPS Setup Rating and Analysis
Although the technical rating is bad, CAPS does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for CAPS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CAPS Support and Resistance Analysis
0.65
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.69 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.66 to 0.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.71 from a horizontal line in the weekly time frame.
- Resistance @0.79 from a horizontal line in the daily time frame.
CAPS 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 | DOWN | NEGATIVE | The long term trend for CAPS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CAPS is up. |
| ChartMill Relative Strength | 10.59 | NEGATIVE | CAPS has a low relative strength, it was outperformed by 89.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CAPS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CAPS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CAPS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.44 | NEUTRAL | The RSI value for CAPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CAPS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.29 | OVERBOUGHT | The high Stochastics value suggests CAPS may be overbought. |
| Average True Range in percent/ATR (20) | 10.99 | HIGH VOLATILITY | The high ATR as a percentage value for CAPS suggests high volalility. |
| Average Directional Index/ADX (14) | 23.72 | NEUTRAL | The ADX value for CAPS suggests a possible start of a new trend. |
CAPS Chart- and CandleStick Pattern Analysis
CAPS Technicals: Chart, Performance Metrics, Trend & Indicators
0.7009
-0.09 (-11.03%)
CAPSTONE HOLDING CORP / CAPS TA FAQ
What is the ChartMill technical rating of CAPSTONE HOLDING CORP (CAPS) stock?
ChartMill assigns a technical rating of 3 / 10 to CAPS.
What is the trend direction for CAPS stock?
The current trend direction for CAPSTONE HOLDING CORP (CAPS) is Bearish.
What is the RSI signal for CAPSTONE HOLDING CORP (CAPS) stock?
CAPSTONE HOLDING CORP (CAPS) has an RSI value of 54.4363. This indicates that the stock is currently neutral.
What is the short term momentum for CAPSTONE HOLDING CORP (CAPS) stock?
The short term momentum for CAPSTONE HOLDING CORP (CAPS) is positive.
What are the support and resistance levels for CAPSTONE HOLDING CORP (CAPS) stock?
CAPSTONE HOLDING CORP (CAPS) has a support level at 0.69 and a resistance level at 0.71. Check the full technical report for our detailed analysis of CAPS support and resistance levels.