Overall CASY gets a technical rating of 3 out of 10. CASY has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The technical rating of CASY is bad and it also does not present a quality setup 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
441.60
We found 2 important support areas.
- A support zone ranging from 494.51 to 500.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @446.06 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 534.57 to 571.19. This zone is formed by a combination of multiple trend lines and important moving averages 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 CASY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CASY is neutral. |
| ChartMill Relative Strength | 73.99 | POSITIVE | CASY has a high relative strength, it outperformed 73.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CASY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CASY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CASY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.5 | NEUTRAL | The RSI value for CASY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.67 | NEGATIVE | The MACD value suggests CASY has a negative trend. |
| Stochastics (14,3) | 52.73 | NEUTRAL | The Stochastics value for CASY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for CASY suggests some volalility. |
| Average Directional Index/ADX (14) | 16.79 | NEGATIVE | The low ADX value for CASY suggests a weak or negative trend. |
533.18
-30.06 (-5.34%)
CASEY'S GENERAL STORES INC / CASY FAQ
What is the technical rating for CASY stock?
ChartMill assigns a technical rating of 3 / 10 to CASY.
What is the trend direction for CASY stock?
The current trend direction for CASEY'S GENERAL STORES INC (CASY) is Bullish.
What is the RSI signal for CASY stock?
CASEY'S GENERAL STORES INC (CASY) has an RSI value of 40.4993. This indicates that the stock is currently neutral.
What is the support and resistance level for CASY stock?
CASEY'S GENERAL STORES INC (CASY) has a support level at 500.27 and a resistance level at 534.57. Check the full technical report for our detailed analysis of CASY support and resistance levels.