CORSAIR GAMING INC (CRSR) Technical Analysis
NASDAQ:CRSR • US22041X1028
Current stock price
CRSR Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to CRSR. CRSR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- 82% of all other stocks performed better in the past year than CRSR.
- 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 2539040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CRSR is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 50% of 37 stocks in the same industry.
- In the last month CRSR has a been trading in the 5.17 - 6.14 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.
CRSR Weekly and Daily overview Charts
CRSR Setup Rating and Analysis
CRSR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.51, a Stop Loss order could be placed below this zone.
More info and screens
CRSR Support and Resistance Analysis
5.04
We found 3 important support areas.
- A support zone ranging from 5.42 to 5.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.19 from a horizontal line in the daily time frame.
- Support @5.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 5.64 to 5.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.00 from a trend line in the daily time frame.
- Resistance @6.16 from a trend line in the weekly time frame.
- Resistance @6.83 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.05 to 7.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
CRSR Technical Indicator Signal Analysis
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 | 18.92 | NEGATIVE | CRSR has a low relative strength, it was outperformed by 81.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CRSR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRSR is above the rising 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) | 52.51 | NEUTRAL | The RSI value for CRSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CRSR has a positive trend. |
| Stochastics (14,3) | 61.53 | NEUTRAL | The Stochastics value for CRSR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for CRSR suggests high volalility. |
| Average Directional Index/ADX (14) | 9.06 | NEGATIVE | The low ADX value for CRSR suggests a weak or negative trend. |
CRSR Chart- and CandleStick Pattern Analysis
CRSR Technicals: Chart, Performance Metrics, Trend & Indicators
5.63
+0.08 (+1.44%)
CORSAIR GAMING INC / CRSR TA 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.
What is the RSI signal for CORSAIR GAMING INC (CRSR) stock?
CORSAIR GAMING INC (CRSR) has an RSI value of 52.5141. This indicates that the stock is currently neutral.
What is the support and resistance level for CRSR stock?
CORSAIR GAMING INC (CRSR) has a support level at 5.51 and a resistance level at 5.64. Check the full technical report for our detailed analysis of CRSR support and resistance levels.