We assign a technical rating of 5 out of 10 to CPSH. CPSH was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, CPSH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.20, a Stop Loss order could be placed below this zone.
More info and screens
3.05
We found 2 important support areas.
- A support zone ranging from 3.16 to 3.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.08 to 3.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.44 to 3.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 CPSH is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CPSH is down. |
| ChartMill Relative Strength | 94.39 | POSITIVE | CPSH has a high relative strength, it outperformed 94.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CPSH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CPSH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CPSH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.25 | NEUTRAL | The RSI value for CPSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CPSH has a positive trend. |
| Stochastics (14,3) | 48.84 | NEUTRAL | The Stochastics value for CPSH is a neutral value. |
| Average True Range in percent/ATR (20) | 6.57 | HIGH VOLATILITY | The high ATR as a percentage value for CPSH suggests high volalility. |
| Average Directional Index/ADX (14) | 16.26 | NEGATIVE | The low ADX value for CPSH suggests a weak or negative trend. |
3.29
-0.09 (-2.66%)
CPS TECHNOLOGIES CORP / CPSH FAQ
Can you provide the ChartMill technical rating for CPS TECHNOLOGIES CORP?
ChartMill assigns a technical rating of 5 / 10 to CPSH.
What is the trend direction for CPSH stock?
The current trend direction for CPS TECHNOLOGIES CORP (CPSH) is Bullish.
What is the RSI signal for CPS TECHNOLOGIES CORP (CPSH) stock?
CPS TECHNOLOGIES CORP (CPSH) has an RSI value of 46.2534. This indicates that the stock is currently neutral.
What is the short term momentum for CPS TECHNOLOGIES CORP (CPSH) stock?
The short term momentum for CPS TECHNOLOGIES CORP (CPSH) is negative.
What is the buy/sell signal for CPS TECHNOLOGIES CORP (CPSH) stock?
The buy/sell signal for CPS TECHNOLOGIES CORP (CPSH) is hold as the short term and long term trends are mixed.