CORSAIR GAMING INC (CRSR) Technical Analysis
NASDAQ:CRSR • US22041X1028
Taking everything into account, CRSR scores 1 out of 10 in our technical rating. CRSR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, CRSR is a bad performer in the overall market: 90% of all stocks are doing better.
- CRSR is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 66% of 37 stocks in the same industry do better.
- CRSR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CRSR is lagging the market.
- CRSR has an average volume of 2516330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CRSR has a been trading in the 4.48 - 7.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
The technical rating of CRSR is bad and it also does not present a quality setup 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
5.27
We can see 6 important resistance areas.
- A resistance zone ranging from 5.68 to 5.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.96 to 6.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.36 from a trend line in the daily time frame.
- Resistance @6.48 from a trend line in the weekly time frame.
- Resistance @6.83 from a horizontal line in the daily time frame.
- Resistance @7.35 from a trend 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 | DOWN | NEGATIVE | The long term trend for CRSR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRSR is neutral. |
| ChartMill Relative Strength | 10.53 | NEGATIVE | CRSR has a low relative strength, it was outperformed by 89.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CRSR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRSR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRSR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.73 | NEUTRAL | The RSI value for CRSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CRSR has a negative trend. |
| Stochastics (14,3) | 28.03 | NEUTRAL | The Stochastics value for CRSR is a neutral value. |
| Average True Range in percent/ATR (20) | 10.66 | HIGH VOLATILITY | The high ATR as a percentage value for CRSR suggests high volalility. |
| Average Directional Index/ADX (14) | 16.33 | NEGATIVE | The low ADX value for CRSR suggests a weak or negative trend. |
CRSR Technicals: Chart, Performance Metrics, Trend & Indicators
5.32
-0.38 (-6.67%)
CORSAIR GAMING INC / CRSR FAQ
What is the ChartMill technical rating of CORSAIR GAMING INC (CRSR) stock?
ChartMill assigns a technical rating of 1 / 10 to CRSR.
What is the current trend direction of CORSAIR GAMING INC (CRSR) stock?
The current trend direction for CORSAIR GAMING INC (CRSR) is Bearish.
Can you provide the RSI signal for CORSAIR GAMING INC?
CORSAIR GAMING INC (CRSR) has an RSI value of 44.7309. This indicates that the stock is currently neutral.
What is the MACD signal for CORSAIR GAMING INC (CRSR) stock?
The MACD indicator for CORSAIR GAMING INC (CRSR) has a value of -0.0250126, indicating a bearish trend.
What are the support and resistance levels for CORSAIR GAMING INC (CRSR) stock?
CORSAIR GAMING INC (CRSR) has a resistance level at 5.68. Check the full technical report for our detailed analysis of CRSR support and resistance levels.