CPS TECHNOLOGIES CORP (CPSH) Stock Technical Analysis
NASDAQ:CPSH - Nasdaq - US12619F1049 - Common Stock - Currency: USD
Taking everything into account, CPSH scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CPSH is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
CPSH is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 93% of 125 stocks in the same industry.
CPSH 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 CPSH is performing more or less in line with the market.
In the last month CPSH has a been trading in the 1.60 - 3.18 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that CPSH is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CPSH has an excellent technical rating, it does not present a decent entry opportunity 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
1.46
2.96
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.50 to 1.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.47 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.93 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 CPSH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CPSH is up. |
| ChartMill Relative Strength | 97.14 | POSITIVE | CPSH has a high relative strength, it outperformed 97.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPSH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPSH is above the rising 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) | 71.29 | OVERBOUGHT | The high RSI value suggests CPSH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests CPSH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.45 | OVERBOUGHT | The high Stochastics value suggests CPSH may be overbought. |
| Average True Range in percent/ATR (20) | 7.79 | HIGH VOLATILITY | The high ATR as a percentage value for CPSH suggests high volalility. |
| Average Directional Index/ADX (14) | 58.26 | POSITIVE | The high ADX value value for CPSH suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.85
-0.21 (-6.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-6.86%
1 Week14.46%
2 Weeks50.79%
1 Month69.64%
3 Month79.25%
6 Month86.27%
12 Month64.74%
2 Year-3.39%
3 Year-19.03%
5 Year100.7%
10 Year18.75%
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%7.79%
ATR Inc44.71%
Range Today0.24
ADR(20)0.22
ADR(20)%7.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.14
Mansfield6.81
10 Day High3.18
10 Day Low1.85
20 Day High3.18
20 Day Low1.6
52 Week High3.18
52 Week Low1.27
CS1 End1.51
CR1 Start2.93
Volume & EV
DER(3)-5.95%
DER(5)1.21%
Volume167.50K
Volume Incr457.67%
Vol(5)451.10K
Vol(50)88.20K