Chicos FAS Inc (CHS) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CHS • US1686151028
We assign a technical rating of 9 out of 10 to CHS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CHS is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CHS did better than 85% of all other stocks.
- CHS is one of the better performing stocks in the Specialty Retail industry, it outperforms 79% of 121 stocks in the same industry.
- A new 52 week high is currently being made by CHS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- CHS has an average volume of 2956830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CHS has a been trading in a tight range between 7.50 and 7.60.
CHS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 7.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.58, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.28
3 important support areas can be observed.
- A support zone ranging from 7.44 to 7.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.48 to 4.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.32 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.60 to 7.61. This zone is formed by a combination of multiple trend lines 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 CHS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHS is up. |
| ChartMill Relative Strength | 85.75 | POSITIVE | CHS has a high relative strength, it outperformed 85.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.18 | NEUTRAL | The RSI value for CHS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CHS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 93.33 | OVERBOUGHT | The high Stochastics value suggests CHS may be overbought. |
| Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for CHS suggests low volalility. |
| Average Directional Index/ADX (14) | 39.31 | POSITIVE | The high ADX value value for CHS suggests a strong trend. |
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 |
|---|---|---|---|
| 7.62 | 7.55 | 0.07 (0.92%) | 25.00% |
| An entry @7.62. This is a Buy Stop order right above the resistance zone. | An exit @7.55. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 0.92%. | For a 0.23% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
7.59
-0.01 (-0.13%)
Chicos FAS Inc / CHS FAQ
What is the technical rating for CHS stock?
ChartMill assigns a technical rating of 8 / 10 to CHS.
What is the current trend direction of Chicos FAS Inc (CHS) stock?
The current trend direction for Chicos FAS Inc (CHS) is Bullish.
What is the RSI signal for CHS stock?
Chicos FAS Inc (CHS) has an RSI value of 66.183. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Chicos FAS Inc?
The buy/sell signal for Chicos FAS Inc (CHS) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CHS stock?
Chicos FAS Inc (CHS) has a support level at 7.58 and a resistance level at 7.6. Check the full technical report for our detailed analysis of CHS support and resistance levels.