CASEY'S GENERAL STORES INC (CASY)

US1475281036 - Common Stock

315.64  +2.32 (+0.74%)

After market: 315.74 +0.1 (+0.03%)

Technical Rating and Analysis

10

Taking everything into account, CASY scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CASY is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CASY is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by CASY over the past year are nicely spread over this period.
CASY is part of the Consumer Staples Distribution & Retail industry. There are 41 other stocks in this industry. CASY outperforms 90% of them.
CASY is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CASY is leading the market.
In the last month CASY has a been trading in a tight range between 306.44 and 320.70.
Weekly and Daily overview Charts
CASY Weekly chart
CASY Daily chart
Setup Rating and Analysis

8

CASY 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 a resistance zone just above the current price starting at 318.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 313.14, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

238.92

322.58

4 important support areas can be observed.

  • A support zone ranging from 311.66 to 313.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @290.12 from a trend line in the daily time frame.
  • A support zone ranging from 268.70 to 275.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @241.33 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 318.46 to 319.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.86
Mansfield0.71
10 Day High317.45
10 Day Low306.6
20 Day High320.7
20 Day Low306.45
52 Week High324.4
52 Week Low212.5
Performance
1 Week2.09%
2 Weeks1.06%
1 Month-0.26%
3 Month14.59%
6 Month17.56%
12 Month37.94%
2 Year56.8%
3 Year42.06%
5 Year138.49%
10 Year359.72%
15 Year1086.17%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.45
RSI(14)58.35
LBB307.85
UBB316.59
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.

ENTRYEXITDISTANCECAPITAL
319.40311.657.75 (2.43%)25.00%
An entry @319.40. This is a Buy Stop order right above the resistance zone.An exit @311.65. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 7.75 points, which is 2.43%.For a 0.61% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of CASY. Please evaluate whether better entry and exit points can be found.
  • 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.
CASY Daily chart

CASEY'S GENERAL STORES INC

NASDAQ:CASY (4/24/2024, 5:54:40 PM)

After market: 315.74 +0.1 (+0.03%)

315.64

+2.32 (+0.74%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.74%
1 Week2.09%
2 Weeks1.06%
1 Month-0.26%
3 Month14.59%
6 Month17.56%
12 Month37.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.74
ATR(20)%1.85%
ATR Inc
Range Today4.71
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High317.45
10 Day Low306.6
20 Day High320.7
20 Day Low306.45
52 Week High324.4
52 Week Low212.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume237.97K
Volume Incr-9.24%
Vol(5)283.11K
Vol(50)299.27K