CLOUDASTRUCTURE INC-A (CSAI) Stock Technical Analysis
NASDAQ:CSAI - Nasdaq - US18912E2072 - Common Stock - Currency: USD
Overall CSAI gets a technical rating of 1 out of 10. CSAI'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than CSAI.
CSAI is part of the IT Services industry. There are 82 other stocks in this industry, of which 91% are performing better than CSAI.
In the last month CSAI has a been trading in the 1.71 - 2.08 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.
Although the technical rating is bad, CSAI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.90, a Stop Loss order could be placed below this zone.
More info and screens
1.71
2.07
3 important support areas can be observed.
- A support zone ranging from 1.86 to 1.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.82 from a trend line in the daily time frame.
- Support @1.73 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.04 to 2.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 CSAI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CSAI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CSAI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSAI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CSAI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 46.98 | NEUTRAL | The RSI value for CSAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CSAI has a positive trend. |
| Stochastics (14,3) | 41.9 | NEUTRAL | The Stochastics value for CSAI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.88 | HIGH VOLATILITY | The high ATR as a percentage value for CSAI suggests high volalility. |
| Average Directional Index/ADX (14) | 9.94 | NEGATIVE | The low ADX value for CSAI 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)
1.9
+0.01 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.53%
1 Week5.56%
2 Weeks-4.52%
1 Month6.74%
3 Month-52.44%
6 Month-64.75%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%7.88%
ATR Inc-49.01%
Range Today0.08
ADR(20)0.14
ADR(20)%7.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.08
10 Day Low1.73
20 Day High2.08
20 Day Low1.71
52 Week HighN/A
52 Week LowN/A
CS1 End1.9
CR1 Start2.04
Volume & EV
DER(3)2.37%
DER(5)-0.39%
Volume123.10K
Volume Incr-37.18%
Vol(5)183.44K
Vol(50)299.52K