Credit Suisse Group (CS) Technical Analysis
NYSE:CS • US2254011081
Current stock price
CS Technical Rating and Analysis
Taking everything into account, CS scores 2 out of 10 in our technical rating. CS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than CS.
- CS is one of the lesser performing stocks in the Capital Markets industry. 87% of 239 stocks in the same industry do better.
- CS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CS is lagging the market.
- In the last month CS has a been trading in the 0.82 - 0.90 range, which is quite wide. It is currently trading near the high of this range.
- CS has an average volume of 25258900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
CS Weekly and Daily overview Charts
CS Setup Rating and Analysis
Although the technical rating is bad, CS 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 0.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CS Support and Resistance Analysis
0.81
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.87 to 0.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.82 to 0.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.89 to 0.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
CS 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 CS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CS is down. |
| ChartMill Relative Strength | 1.37 | NEGATIVE | CS has a low relative strength, it was outperformed by 98.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.17 | NEUTRAL | The RSI value for CS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.97 | NEUTRAL | The Stochastics value for CS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for CS suggests some volalility. |
| Average Directional Index/ADX (14) | 33.65 | POSITIVE | The high ADX value value for CS suggests a strong trend. |
CS Chart- and CandleStick Pattern Analysis
CS Technicals: Chart, Performance Metrics, Trend & Indicators
0.8858
+0.01 (+0.99%)
Credit Suisse Group / CS TA FAQ
What is the ChartMill technical rating of Credit Suisse Group (CS) stock?
ChartMill assigns a technical rating of 2 / 10 to CS.
What is the current trend direction of Credit Suisse Group (CS) stock?
The current trend direction for Credit Suisse Group (CS) is Bearish.
Can you provide the RSI signal for Credit Suisse Group?
Credit Suisse Group (CS) has an RSI value of 47.1732. This indicates that the stock is currently neutral.
What is the MACD signal for Credit Suisse Group (CS) stock?
The MACD indicator for Credit Suisse Group (CS) has a value of 0.0133365, indicating a bearish trend.
What is the short term momentum for CS stock?
The short term momentum for Credit Suisse Group (CS) is negative.