CASEY'S GENERAL STORES INC (CASY) Stock Technical Analysis
NASDAQ:CASY - Nasdaq - US1475281036 - Common Stock - Currency: USD
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.
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 79% of all stocks. On top of that, CASY also shows a nice and consistent pattern of rising prices.
CASY is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 74% of 40 stocks in the same industry.
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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
In the last month CASY has a been trading in a tight range between 498.71 and 526.82.
Besides having an excellent technical rating, CASY also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
382.75
531.43
We found 7 important support areas.
- Support @510.24 from a horizontal line in the daily time frame.
- Support @472.56 from a trend line in the daily time frame.
- Support @464.57 from a trend line in the weekly time frame.
- Support @455.37 from a trend line in the daily time frame.
- Support @437.75 from a horizontal line in the weekly time frame.
- Support @430.66 from a trend line in the weekly time frame.
- Support @386.62 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 513.58 to 526.17. 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 | UP | POSITIVE | The short term trend for CASY is up. |
| ChartMill Relative Strength | 79.96 | POSITIVE | CASY has a high relative strength, it outperformed 79.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CASY is below 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) | 54.13 | NEUTRAL | The RSI value for CASY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.62 | NEGATIVE | The MACD value suggests CASY has a negative trend. |
| Stochastics (14,3) | 54.66 | NEUTRAL | The Stochastics value for CASY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for CASY suggests some volalility. |
| Average Directional Index/ADX (14) | 30.17 | POSITIVE | The high ADX value value for CASY suggests a strong 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 526.18 | 510.23 | 15.95 (3.03%) | 25.00% |
| An entry @526.18. This is a Buy Stop order right above the resistance zone. | An exit @510.23. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 15.95 points, which is 3.03%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |
- 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.
510.25
-5.42 (-1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-1.05%
1 Week-1.23%
2 Weeks-1.35%
1 Month0.78%
3 Month10.91%
6 Month30.33%
12 Month35.47%
2 Year101.95%
3 Year151.79%
5 Year220.53%
10 Year399.22%
15 Year1233.99%
Volatility
ATR(14)10.63
ATR(20)%2.08%
ATR Inc9.93%
Range Today11.81
ADR(20)10.61
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.96
Mansfield1.22
10 Day High526.82
10 Day Low506.69
20 Day High526.82
20 Day Low498.72
52 Week High526.82
52 Week Low350.52
CS1 End510.24
CR1 Start513.58
Volume & EV
DER(3)-2.05%
DER(5)-0.56%
Volume214.40K
Volume Incr-37.96%
Vol(5)233.80K
Vol(50)414.07K