
CBS CORP NEW (CBS.A) Technical Analysis
NYSE:CBS.A
Current stock price
CBS.A Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to CBS.A. Recently some decent action could be observed, but in the medium term time frame this is still negative. CBS.A was also a bad performer in the overall market in the last year.
- 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 long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- CBS.A is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CBS.A is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
CBS.A Weekly and Daily overview Charts
CBS.A Setup Rating and Analysis
CBS.A has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
CBS.A Support and Resistance Analysis
38.90
We found 1 important support 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.
3 important resistance areas can be observed.
- 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.
CBS.A 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 | 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. |
CBS.A Chart- and CandleStick Pattern Analysis
CBS.A Technicals: Chart, Performance Metrics, Trend & Indicators
43.12
-0.25 (-0.58%)
CBS CORP NEW / CBS.A TA FAQ
What is the ChartMill technical rating of CBS CORP NEW (CBS.A) stock?
ChartMill assigns a technical rating of 3 / 10 to CBS.A.
Can you provide the trend direction for CBS CORP NEW?
The current trend direction for CBS CORP NEW (CBS.A) is Bearish.
What is the RSI signal for CBS CORP NEW (CBS.A) stock?
CBS CORP NEW (CBS.A) has an RSI value of 50.9972. This indicates that the stock is currently neutral.
What is the MACD signal for CBS.A stock?
The MACD indicator for CBS CORP NEW (CBS.A) has a value of -0.0474376, indicating a bearish trend.
What is the buy/sell signal for CBS.A stock?
The buy/sell signal for CBS CORP NEW (CBS.A) is hold as the short term and long term trends are mixed.