Cas Medical Systems (CASM) Technical Analysis
NASDAQ:CASM
Current stock price
CASM Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CASM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CASM is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CASM did better than 97% of all other stocks.
- CASM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CASM is performing more or less in line with the market.
- In the last month CASM has a been trading in a tight range between 2.42 and 2.45.
- Considerably lower volume is observed in the last couple of days.
CASM Weekly and Daily overview Charts
CASM Setup Rating and Analysis
CASM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.45, a Stop Loss order could be placed below this zone.
More info and screens
CASM Support and Resistance Analysis
1.70
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.38 to 2.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.72 to 1.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
CASM 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 CASM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CASM is up. |
| ChartMill Relative Strength | 97.99 | POSITIVE | CASM has a high relative strength, it outperformed 97.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CASM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CASM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CASM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.55 | NEUTRAL | The RSI value for CASM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CASM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 77.78 | NEUTRAL | The Stochastics value for CASM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.55 | LOW VOLATILITY | The low ATR as a percentage value for CASM suggests low volalility. |
CASM Chart- and CandleStick Pattern Analysis
CASM Example Setup
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 |
|---|---|---|---|
| 2.46 | 2.42 | 0.04 (1.67%) | 25.00% |
| An entry @2.46. This is a Buy Stop order right above the 10 day high. | An exit @2.42. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 1.67%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.42%. |
- 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.
CASM Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:CASM (4/18/2019, 8:01:10 PM)
2.45
+0.01 (+0.41%)
Cas Medical Systems / CASM TA FAQ
What is the ChartMill technical rating of Cas Medical Systems (CASM) stock?
ChartMill assigns a technical rating of 9 / 10 to CASM.
What is the trend direction for CASM stock?
The current trend direction for Cas Medical Systems (CASM) is Bullish.
What is the RSI signal for Cas Medical Systems (CASM) stock?
Cas Medical Systems (CASM) has an RSI value of 61.5516. This indicates that the stock is currently neutral.
What is the buy/sell signal for Cas Medical Systems (CASM) stock?
The buy/sell signal for Cas Medical Systems (CASM) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for Cas Medical Systems?
Cas Medical Systems (CASM) has a support level at 2.45. Check the full technical report for our detailed analysis of CASM support and resistance levels.