CELESTICA INC (CLS) Technical Analysis
NYSE:CLS • CA15101Q2071
Current stock price
CLS Technical Rating and Analysis
Taking everything into account, CLS scores 4 out of 10 in our technical rating. Although CLS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, CLS did better than 96% of all other stocks. On top of that, CLS also shows a nice and consistent pattern of rising prices.
- CLS is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 85% of 124 stocks in the same industry.
- CLS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CLS is performing more or less in line with the market.
- CLS has an average volume of 2715120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- In the last month CLS has a been trading in the 244.51 - 307.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
CLS Weekly and Daily overview Charts
CLS Setup Rating and Analysis
CLS has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 253.06, a Stop Loss order could be placed below this zone.
More info and screens
CLS Support and Resistance Analysis
247.01
When analyzing the support we notice one important area.
- A support zone ranging from 249.51 to 253.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 270.54 to 270.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 288.33 to 292.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @344.41 from a horizontal line in the daily time frame.
- Resistance @352.61 from a horizontal line in the daily time frame.
CLS 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 | NEUTRAL | NEUTRAL | The long term trend for CLS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLS is down. |
| ChartMill Relative Strength | 96.36 | POSITIVE | CLS has a high relative strength, it outperformed 96.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLS is below a declining 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) | 46.31 | NEUTRAL | The RSI value for CLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests CLS has a positive trend. |
| Stochastics (14,3) | 35.28 | NEUTRAL | The Stochastics value for CLS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for CLS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.48 | NEGATIVE | The low ADX value for CLS suggests a weak or negative trend. |
CLS Chart- and CandleStick Pattern Analysis
CLS Technicals: Chart, Performance Metrics, Trend & Indicators
270.53
+7.07 (+2.68%)
CELESTICA INC / CLS TA FAQ
Can you provide the ChartMill technical rating for CELESTICA INC?
ChartMill assigns a technical rating of 4 / 10 to CLS.
What is the current trend direction of CELESTICA INC (CLS) stock?
The current trend direction for CELESTICA INC (CLS) is Bearish.
What is the RSI signal for CLS stock?
CELESTICA INC (CLS) has an RSI value of 46.3128. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CELESTICA INC?
The short term momentum for CELESTICA INC (CLS) is negative.
Can you provide the support and resistance levels for CELESTICA INC?
CELESTICA INC (CLS) has a support level at 253.06 and a resistance level at 270.54. Check the full technical report for our detailed analysis of CLS support and resistance levels.