CASS INFORMATION SYSTEMS INC (CASS) Technical Analysis
NASDAQ:CASS • US14808P1093
We assign a technical rating of 7 out of 10 to CASS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CASS is only an average performer.
- The long and short term trends are both positive. This is looking good!
- CASS is one of the better performing stocks in the Financial Services industry, it outperforms 70% of 97 stocks in the same industry.
- CASS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CASS is lagging the market slightly.
- In the last month CASS has a been trading in the 43.08 - 47.42 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When compared to the yearly performance of all other stocks, CASS outperforms 51% of them, which is more or less in line with the market.
Besides having an excellent technical rating, CASS also presents 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 45.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.93, a Stop Loss order could be placed below this zone.
More info and screens
39.64
3 important support areas can be observed.
- A support zone ranging from 43.16 to 43.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.78 to 41.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 40.04 to 40.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @45.67 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 46.77 to 46.80. 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 CASS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CASS is up. |
| ChartMill Relative Strength | 51.84 | NEUTRAL | CASS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CASS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CASS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CASS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.83 | NEUTRAL | The RSI value for CASS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CASS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.98 | NEUTRAL | The Stochastics value for CASS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for CASS suggests some volalility. |
| Average Directional Index/ADX (14) | 16.52 | NEGATIVE | The low ADX value for CASS suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 45.68 | 43.15 | 2.53 (5.54%) | 18.06% |
| An entry @45.68. This is a Buy Stop order right above the resistance zone. | An exit @43.15. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.53 points, which is 5.54%. | For a 1.00% total portfolio risk, you can invest 18.06% of your capital in this trade. |
- 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.
CASS Technicals: Chart, Performance Metrics, Trend & Indicators
45.16
-0.51 (-1.12%)
CASS INFORMATION SYSTEMS INC / CASS FAQ
Can you provide the ChartMill technical rating for CASS INFORMATION SYSTEMS INC?
ChartMill assigns a technical rating of 7 / 10 to CASS.
What is the current trend direction of CASS INFORMATION SYSTEMS INC (CASS) stock?
The current trend direction for CASS INFORMATION SYSTEMS INC (CASS) is Bullish.
Can you provide the RSI signal for CASS INFORMATION SYSTEMS INC?
CASS INFORMATION SYSTEMS INC (CASS) has an RSI value of 53.8252. This indicates that the stock is currently neutral.
What is the short term momentum for CASS INFORMATION SYSTEMS INC (CASS) stock?
The short term momentum for CASS INFORMATION SYSTEMS INC (CASS) is positive.
What is the buy/sell signal for CASS INFORMATION SYSTEMS INC (CASS) stock?
The buy/sell signal for CASS INFORMATION SYSTEMS INC (CASS) is buy as both the short term and long term trends are positive.