FREECAST INC-A (CAST) Technical Analysis
NASDAQ:CAST • US35632L3033
Current stock price
CAST Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to CAST. CAST performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 100% of all other stocks performed better in the past year than CAST.
- CAST is one of the lesser performing stocks in the Entertainment industry. 85% of 79 stocks in the same industry do better.
- In the last month CAST has a been trading in the 1.63 - 4.50 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
CAST Weekly and Daily overview Charts
CAST Setup Rating and Analysis
CAST has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CAST Support and Resistance Analysis
2.03
When analyzing the support we notice one important area.
- A support zone ranging from 2.05 to 2.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CAST 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 CAST is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CAST is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CAST has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CAST is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 33.67 | NEUTRAL | The RSI value for CAST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests CAST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.82 | NEUTRAL | The Stochastics value for CAST is a neutral value. |
| Average True Range in percent/ATR (20) | 23.07 | HIGH VOLATILITY | The high ATR as a percentage value for CAST suggests high volalility. |
| Average Directional Index/ADX (14) | 38.68 | POSITIVE | The high ADX value value for CAST suggests a strong trend. |
CAST Chart- and CandleStick Pattern Analysis
CAST Technicals: Chart, Performance Metrics, Trend & Indicators
2.12
+0.03 (+1.44%)
FREECAST INC-A / CAST TA FAQ
What is the technical rating for CAST stock?
ChartMill assigns a technical rating of 1 / 10 to CAST.
What is the trend direction for CAST stock?
The current trend direction for FREECAST INC-A (CAST) is Bullish.
What is the RSI signal for FREECAST INC-A (CAST) stock?
FREECAST INC-A (CAST) has an RSI value of 33.6684. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FREECAST INC-A?
The MACD indicator for FREECAST INC-A (CAST) has a value of -0.206363, indicating a bearish trend.
What is the support and resistance level for CAST stock?
FREECAST INC-A (CAST) has a support level at 2.11. Check the full technical report for our detailed analysis of CAST support and resistance levels.