CBS CORP NEW (CBS.A) Stock Technical Analysis
NYSE:CBS.A -
43.12
-0.25 (-0.58%)
43.87
+0.75 (+1.74%)
We assign a technical rating of 3 out of 10 to CBS.A. In the past year, CBS.A was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
83% of all other stocks performed better in the past year than CBS.A.
Warning: CBS.A has an average volume of 10552 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CBS.A has a been trading in the 40.88 - 45.72 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
CBS.A is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CBS.A is lagging the market.
Volume is considerably higher in the last couple of days.
CBS.A has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
38.90
51.15
When analyzing the support we notice one important area.
- A support zone ranging from 39.29 to 39.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 43.25 to 44.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @45.22 from a horizontal line in the daily time frame.
- A resistance zone ranging from 50.47 to 50.64. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for CBS.A is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBS.A is up. |
| ChartMill Relative Strength | 17.46 | NEGATIVE | CBS.A has a low relative strength, it was outperformed by 82.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CBS.A is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBS.A is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CBS.A is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51 | NEUTRAL | The RSI value for CBS.A is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CBS.A has a negative trend. |
| Stochastics (14,3) | 45.48 | NEUTRAL | The Stochastics value for CBS.A is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for CBS.A suggests some volalility. |
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)
43.12
-0.25 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.58%
1 Week-1.26%
2 Weeks-3.47%
1 Month2.67%
3 Month-6.83%
6 Month-10.91%
12 Month-15.35%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%2.47%
ATR Inc56.01%
Range Today1.82
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.46
Mansfield-1.64
10 Day High44.94
10 Day Low42.64
20 Day High45.72
20 Day Low40.88
52 Week High53.68
52 Week Low38.42
CS1 End39.74
CR1 Start43.25
Volume & EV
DER(3)0.03%
DER(5)0.02%
Volume121.10K
Volume Incr177.51%
Vol(5)27.82K
Vol(50)10.55K