CASY Technical Analysis - CASEY'S GENERAL STORES INC

Technical Rating and Analysis

Overall CASY gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CASY has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!

Looking at the yearly performance, CASY did better than 86% of all other stocks. On top of that, CASY also shows a nice and consistent pattern of rising prices.

CASY is part of the Consumer Staples Distribution & Retail industry. There are 39 other stocks in this industry. CASY outperforms 89% of them.

CASY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

CASY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

CASEY'S GENERAL STORES INC / CASY Weekly stock chart

CASEY'S GENERAL STORES INC / CASY Daily stock chart

Setup Rating and Analysis

Although CASY has an excellent technical rating, it does not offer a high 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

448.18

570.81

We found 3 important support areas.

A support zone ranging from 560.95 to 561.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 494.51 to 513.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @452.71 from a trend line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 CASY is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for CASY is up.
ChartMill Relative Strength	86.46	POSITIVE	CASY has a high relative strength, it outperformed 86.46% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of CASY is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of CASY is above the rising 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)	67.33	NEUTRAL	The RSI value for CASY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.37	POSITIVE	The MACD value suggests CASY has a positive trend.
Stochastics (14,3)	65.23	NEUTRAL	The Stochastics value for CASY is a neutral value.
Average True Range in percent/ATR (20)	2.41	MEDIUM VOLATILITY	The ATR as a percentage value for CASY suggests some volalility.
Average Directional Index/ADX (14)	31.09	POSITIVE	The high ADX value value for CASY suggests a strong trend.