CONSOLIDATED COMMUNICATIONS (CNSL) Technical Analysis
NASDAQ:CNSL • US2090341072
Current stock price
CNSL Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to CNSL. Although CNSL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by CNSL, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so CNSL is leading the market.
- CNSL has an average volume of 1142050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, CNSL turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
- CNSL is part of the Diversified Telecommunication Services industry. There are 37 other stocks in this industry, CNSL did better than 41% of them.
- In the last month CNSL has a been trading in a tight range between 4.66 and 4.75.
- Volume is considerably higher in the last couple of days.
CNSL Weekly and Daily overview Charts
CNSL Setup Rating and Analysis
Although CNSL has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
CNSL Support and Resistance Analysis
4.18
3 important support areas can be observed.
- A support zone ranging from 4.62 to 4.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.53 from a horizontal line in the daily time frame.
- A support zone ranging from 4.22 to 4.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.73 to 4.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
CNSL 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 | UP | POSITIVE | The long term trend for CNSL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNSL is up. |
| ChartMill Relative Strength | 59.8 | NEUTRAL | CNSL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNSL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNSL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNSL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.62 | NEUTRAL | The RSI value for CNSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CNSL has a positive trend. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for CNSL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.5 | LOW VOLATILITY | The low ATR as a percentage value for CNSL suggests low volalility. |
| Average Directional Index/ADX (14) | 39.85 | POSITIVE | The high ADX value value for CNSL suggests a strong trend. |
CNSL Chart- and CandleStick Pattern Analysis
CNSL Technicals: Chart, Performance Metrics, Trend & Indicators
4.72
+0.01 (+0.21%)
CONSOLIDATED COMMUNICATIONS / CNSL TA FAQ
What is the technical rating for CNSL stock?
ChartMill assigns a technical rating of 7 / 10 to CNSL.
What is the current trend direction of CONSOLIDATED COMMUNICATIONS (CNSL) stock?
The current trend direction for CONSOLIDATED COMMUNICATIONS (CNSL) is Bullish.
What is the RSI signal for CNSL stock?
CONSOLIDATED COMMUNICATIONS (CNSL) has an RSI value of 66.619. This indicates that the stock is currently neutral.
What is the short term momentum for CONSOLIDATED COMMUNICATIONS (CNSL) stock?
The short term momentum for CONSOLIDATED COMMUNICATIONS (CNSL) is positive.
What are the support and resistance levels for CONSOLIDATED COMMUNICATIONS (CNSL) stock?
CONSOLIDATED COMMUNICATIONS (CNSL) has a support level at 4.69 and a resistance level at 4.73. Check the full technical report for our detailed analysis of CNSL support and resistance levels.