CBS CORP NEW (CBS.A) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CBS.A -
43.12
-0.25 (-0.58%)
43.87
+0.75 (+1.74%)
Overall CBS.A gets a technical rating of 3 out of 10. 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 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 only medium at the moment. Prices have been consolidating lately.
More info and screens
38.90
51.15
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.
We can see 3 important resistance 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
3 months CRSN/A
6 months CRSN/A
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
CBS CORP NEW / CBS.A 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.
What is the trend direction for CBS.A stock?
The current trend direction for CBS CORP NEW (CBS.A) is Bearish.
Can you provide the RSI signal for CBS CORP NEW?
CBS CORP NEW (CBS.A) has an RSI value of 50.9972. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CBS CORP NEW?
The short term momentum for CBS CORP NEW (CBS.A) is positive.
Can you provide the buy/sell signal for CBS CORP NEW?
The buy/sell signal for CBS CORP NEW (CBS.A) is hold as the short term and long term trends are mixed.