CIRRUS LOGIC INC (CRUS) Stock Technical Analysis
NASDAQ:CRUS - US1727551004 - Common Stock
117.38 USD
+3.41 (+2.99%)
117.38 USD
0 (0%)
We assign a technical rating of 7 out of 10 to CRUS. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CRUS is a bad performer.
When comparing the yearly performance of all stocks, CRUS is a bad performer in the overall market: 72% of all stocks are doing better.
CRUS is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, of which 65% are performing better than CRUS.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CRUS has a been trading in the 92.02 - 118.27 range, which is quite wide. It is currently trading near the high of this range.
CRUS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRUS is lagging the market.
Although CRUS has an excellent technical rating, it does not offer a high 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
81.20
118.55
6 important support areas can be observed.
- A support zone ranging from 105.66 to 107.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @103.70 from a horizontal line in the daily time frame.
- A support zone ranging from 100.15 to 101.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @97.74 from a horizontal line in the daily time frame.
- Support @87.73 from a trend line in the weekly time frame.
- Support @82.02 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 CRUS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRUS is up. |
| ChartMill Relative Strength | 28.69 | NEGATIVE | CRUS has a low relative strength, it was outperformed by 71.31% 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) | 69.12 | NEUTRAL | The RSI value for CRUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.15 | POSITIVE | The MACD value suggests CRUS has a positive trend. |
| Stochastics (14,3) | 96.66 | OVERBOUGHT | The high Stochastics value suggests CRUS may be overbought. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for CRUS suggests some volalility. |
| Average Directional Index/ADX (14) | 13.73 | NEGATIVE | The low ADX value for CRUS suggests a weak or negative 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)
117.38
+3.41 (+2.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg2.99%
1 Week5.69%
2 Weeks13.06%
1 Month16.02%
3 Month17.51%
6 Month7.62%
12 Month-18.78%
2 Year43.08%
3 Year53.06%
5 Year93.73%
10 Year289.19%
15 Year677.35%
Volatility
ATR(14)4.03
ATR(20)%3.24%
ATR Inc-17.53%
Range Today3.78
ADR(20)3.66
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.69
Mansfield0.03
10 Day High118.27
10 Day Low104.07
20 Day High118.27
20 Day Low92.02
52 Week High147.46
52 Week Low75.83
CS1 End107.27
CR1 StartN/A
Volume & EV
DER(3)-1.01%
DER(5)0.19%
Volume385.20K
Volume Incr-26.78%
Vol(5)451.64K
Vol(50)529.29K