CASEY'S GENERAL STORES INC (CASY) Stock Technical Analysis
NASDAQ:CASY - US1475281036 - Common Stock
541.3 USD
+31.78 (+6.24%)
541.482 USD
+0.18 (+0.03%)
We assign a technical rating of 8 out of 10 to CASY. 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, CASY did better than 82% of all other stocks.
CASY is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 79% of 40 stocks in the same industry.
A new 52 week high is currently being made by CASY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month CASY has a been trading in the 490.00 - 543.20 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CASY has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
442.33
546.71
When analyzing the support we can see 3 important areas.
- A support zone ranging from 494.51 to 514.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @475.42 from a trend line in the daily time frame.
- Support @446.80 from a trend line in the weekly time frame.
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 | 82.62 | POSITIVE | CASY has a high relative strength, it outperformed 82.62% 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) | 72.64 | OVERBOUGHT | The high RSI value suggests CASY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.04 | POSITIVE | The MACD value suggests CASY has a positive trend. |
| Stochastics (14,3) | 77.08 | NEUTRAL | The Stochastics value for CASY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for CASY suggests low volalility. |
| Average Directional Index/ADX (14) | 20.35 | NEUTRAL | The ADX value for CASY suggests a possible start of a new trend. |
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)
541.3
+31.78 (+6.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg6.24%
1 Week8.7%
2 Weeks9%
1 Month4.95%
3 Month6.94%
6 Month36.82%
12 Month41.84%
2 Year99.36%
3 Year167.28%
5 Year204.7%
10 Year425.94%
15 Year1196.53%
Volatility
ATR(14)10.76
ATR(20)%1.85%
ATR Inc199.15%
Range Today37.9
ADR(20)9.86
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.62
Mansfield1.2
10 Day High543.2
10 Day Low490
20 Day High543.2
20 Day Low490
52 Week High543.2
52 Week Low362.42
CS1 End514.17
CR1 StartN/A
Volume & EV
DER(3)1.59%
DER(5)1.16%
Volume1.29M
Volume Incr98.84%
Vol(5)450.73K
Vol(50)279.28K