We assign a technical rating of 9 out of 10 to CRUS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CRUS is showing a nice and steady performance.
CRUS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
81.20
6 important support areas can be observed.
We can see 2 important resistance areas.
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 CRUS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRUS is neutral. |
| ChartMill Relative Strength | 76.9 | POSITIVE | CRUS has a high relative strength, it outperformed 76.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRUS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRUS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRUS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.87 | NEUTRAL | The RSI value for CRUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests CRUS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.7 | NEUTRAL | The Stochastics value for CRUS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for CRUS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.01 | NEGATIVE | The low ADX value for CRUS suggests a weak or negative 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 |
|---|---|---|---|
| 132.67 | 129.44 | 3.23 (2.43%) | 25.00% |
| An entry @132.67. This is a Buy Stop order right above the resistance zone. | An exit @129.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.23 points, which is 2.43%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%. |
130.53
+0.19 (+0.15%)
ChartMill assigns a technical rating of 9 / 10 to CRUS.
The current trend direction for CIRRUS LOGIC INC (CRUS) is Bullish.
CIRRUS LOGIC INC (CRUS) has an RSI value of 62.8672. This indicates that the stock is currently neutral.
The MACD indicator for CIRRUS LOGIC INC (CRUS) has a value of 0.472106, indicating a bearish trend.
The short term momentum for CIRRUS LOGIC INC (CRUS) is neutral.