CAPRI HOLDINGS LTD (CPRI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CPRI - VGG1890L1076 - Common Stock
Taking everything into account, CPRI scores 6 out of 10 in our technical rating. CPRI has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month CPRI has a been trading in the 24.13 - 26.89 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- CPRI 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 CPRI is lagging the market slightly.
- CPRI has an average volume of 2418140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, CPRI outperforms 56% of them, which is more or less in line with the market.
- CPRI is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 68% of 45 stocks in the same industry.
CPRI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 24.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CPRI in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
22.27
We found 2 important support areas.
- A support zone ranging from 24.26 to 24.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.49 to 22.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 24.69 to 25.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @27.04 from a horizontal line in the weekly 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 CPRI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CPRI is neutral. |
| ChartMill Relative Strength | 56.27 | NEUTRAL | CPRI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CPRI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CPRI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CPRI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.88 | NEUTRAL | The RSI value for CPRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests CPRI has a negative trend. |
| Stochastics (14,3) | 29.56 | NEUTRAL | The Stochastics value for CPRI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for CPRI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.84 | NEGATIVE | The low ADX value for CPRI suggests a weak or negative 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 |
|---|---|---|---|
| 25.53 | 24.25 | 1.28 (5.01%) | 19.95% |
| An entry @25.53. This is a Buy Stop order right above the resistance zone. | An exit @24.25. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.28 points, which is 5.01%. | For a 1.00% total portfolio risk, you can invest 19.95% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CPRI. Please evaluate whether better entry and exit points can be found.
- 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.
24.67
-0.58 (-2.3%)
CAPRI HOLDINGS LTD / CPRI FAQ
What is the technical rating for CPRI stock?
ChartMill assigns a technical rating of 6 / 10 to CPRI.
What is the current trend direction of CAPRI HOLDINGS LTD (CPRI) stock?
The current trend direction for CAPRI HOLDINGS LTD (CPRI) is Bullish.
Can you provide the RSI signal for CAPRI HOLDINGS LTD?
CAPRI HOLDINGS LTD (CPRI) has an RSI value of 45.8819. This indicates that the stock is currently neutral.
What is the MACD signal for CPRI stock?
The MACD indicator for CAPRI HOLDINGS LTD (CPRI) has a value of -0.124946, indicating a bearish trend.
What is the short term momentum for CAPRI HOLDINGS LTD (CPRI) stock?
The short term momentum for CAPRI HOLDINGS LTD (CPRI) is neutral.