CELESTICA INC (CLS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CLS - CA15101Q2071 - Common Stock
Taking everything into account, CLS scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although CLS has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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268.20
When analyzing the support we can see 2 important areas.
- Support @280.05 from a horizontal line in the weekly time frame.
- Support @270.91 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 308.86 to 315.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @352.61 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for CLS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLS is down. |
| ChartMill Relative Strength | 97.54 | POSITIVE | CLS has a high relative strength, it outperformed 97.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CLS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CLS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.99 | NEUTRAL | The RSI value for CLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.63 | NEGATIVE | The MACD value suggests CLS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.66 | OVERSOLD | The low Stochastics value suggests CLS may be oversold. |
| Average True Range in percent/ATR (20) | 7.77 | HIGH VOLATILITY | The high ATR as a percentage value for CLS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.53 | NEGATIVE | The low ADX value for CLS suggests a weak or negative trend. |
292.29
+21.37 (+7.89%)
CELESTICA INC / CLS FAQ
Can you provide the ChartMill technical rating for CELESTICA INC?
ChartMill assigns a technical rating of 8 / 10 to CLS.
What is the trend direction for CLS stock?
The current trend direction for CELESTICA INC (CLS) is Bullish.
What is the RSI signal for CELESTICA INC (CLS) stock?
CELESTICA INC (CLS) has an RSI value of 44.9853. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CELESTICA INC?
The MACD indicator for CELESTICA INC (CLS) has a value of -6.63196, indicating a bearish trend.
What is the short term momentum for CLS stock?
The short term momentum for CELESTICA INC (CLS) is negative.