We assign a technical rating of 6 out of 10 to CPSY. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CPSY is a bad performer.
Although the technical rating is only medium, CPSY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 25.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.01, a Stop Loss order could be placed below this zone.
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22.81
We found 4 important support areas.
- A support zone ranging from 24.81 to 25.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.26 from a horizontal line in the daily time frame.
- Support @23.71 from a horizontal line in the daily time frame.
- A support zone ranging from 23.04 to 23.09. 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 25.05 to 25.14. This zone is formed by a combination of multiple trend lines 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 CPSY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CPSY is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CPSY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPSY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPSY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CPSY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.87 | NEUTRAL | The RSI value for CPSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CPSY has a positive trend. |
| Stochastics (14,3) | 85.72 | OVERBOUGHT | The high Stochastics value suggests CPSY may be overbought. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for CPSY suggests low volalility. |
| Average Directional Index/ADX (14) | 36.54 | POSITIVE | The high ADX value value for CPSY suggests a strong 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 |
|---|---|---|---|
| 25.06 | 24.95 | 0.11 (0.44%) | 25.00% |
| An entry @25.06. This is a Buy Stop order right above the 10 day high. | An exit @24.95. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.11 points, which is 0.44%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.11%. |
- 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.
25.045
0 (0%)
CALAMOS S&P 500 SAP ETF JAN / CPSY FAQ
What is the ChartMill technical rating of CALAMOS S&P 500 SAP ETF JAN (CPSY) stock?
ChartMill assigns a technical rating of 6 / 10 to CPSY.
Can you provide the trend direction for CALAMOS S&P 500 SAP ETF JAN?
The current trend direction for CALAMOS S&P 500 SAP ETF JAN (CPSY) is Bullish.
Can you provide the RSI signal for CALAMOS S&P 500 SAP ETF JAN?
CALAMOS S&P 500 SAP ETF JAN (CPSY) has an RSI value of 67.8695. This indicates that the stock is currently neutral.
What is the MACD signal for CPSY stock?
The MACD indicator for CALAMOS S&P 500 SAP ETF JAN (CPSY) has a value of 0.000162123, indicating a bearish trend.
Can you provide the short term momentum for CALAMOS S&P 500 SAP ETF JAN?
The short term momentum for CALAMOS S&P 500 SAP ETF JAN (CPSY) is positive.