CELESTICA INC (CLS) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CLS • CA15101Q2071
Overall CLS gets a technical rating of 6 out of 10. 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.
- In the last month CLS has a been trading in the 272.68 - 352.20 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- When comparing the yearly performance of all stocks, we notice that CLS is one of the better performing stocks in the market, outperforming 93% of all stocks.
- CLS is part of the Electronic Equipment, Instruments & Components industry. There are 123 other stocks in this industry. CLS outperforms 82% of them.
- CLS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CLS is lagging the market slightly.
- CLS has an average volume of 2896090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CLS has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
268.20
We found 2 important support areas.
- Support @280.98 from a horizontal line in the weekly time frame.
- Support @270.91 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 305.18 to 313.61. 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.
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 | 93.86 | POSITIVE | CLS has a high relative strength, it outperformed 93.86% 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) | 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) | 47.42 | NEUTRAL | The RSI value for CLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.24 | NEGATIVE | The MACD value suggests CLS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.72 | OVERSOLD | The low Stochastics value suggests CLS may be oversold. |
| Average True Range in percent/ATR (20) | 8.15 | HIGH VOLATILITY | The high ATR as a percentage value for CLS suggests high volalility. |
| Average Directional Index/ADX (14) | 16.59 | NEGATIVE | The low ADX value for CLS suggests a weak or negative trend. |
297.45
+12.34 (+4.33%)
CELESTICA INC / CLS FAQ
Can you provide the ChartMill technical rating for CELESTICA INC?
ChartMill assigns a technical rating of 6 / 10 to CLS.
What is the current trend direction of CELESTICA INC (CLS) stock?
The current trend direction for CELESTICA INC (CLS) is Bullish.
What is the RSI signal for CLS stock?
CELESTICA INC (CLS) has an RSI value of 47.4203. 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 280.98 and a resistance level at 305.18. Check the full technical report for our detailed analysis of CLS support and resistance levels.