CLOUDASTRUCTURE INC-A (CSAI) Technical Analysis
NASDAQ:CSAI • US18912E2072
Overall CSAI gets a technical rating of 1 out of 10. CSAI 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CSAI is a bad performer in the overall market: 98% of all stocks are doing better.
- CSAI is one of the lesser performing stocks in the IT Services industry. 82% of 87 stocks in the same industry do better.
- CSAI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month CSAI has a been trading in the 0.55 - 0.85 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.
CSAI has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.62
We found 1 important support area.
- A support zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.68 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.76 to 0.76. 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 | 2.61 | NEGATIVE | CSAI has a low relative strength, it was outperformed by 97.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CSAI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CSAI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CSAI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.73 | NEUTRAL | The RSI value for CSAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CSAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 18.75 | OVERSOLD | The low Stochastics value suggests CSAI may be oversold. |
| Average True Range in percent/ATR (20) | 12.63 | HIGH VOLATILITY | The high ATR as a percentage value for CSAI suggests high volalility. |
| Average Directional Index/ADX (14) | 11.27 | NEGATIVE | The low ADX value for CSAI suggests a weak or negative trend. |
CSAI Technicals: Chart, Performance Metrics, Trend & Indicators
0.642
-0.01 (-1.4%)
CLOUDASTRUCTURE INC-A / CSAI FAQ
What is the ChartMill technical rating of CLOUDASTRUCTURE INC-A (CSAI) stock?
ChartMill assigns a technical rating of 1 / 10 to CSAI.
What is the current trend direction of CLOUDASTRUCTURE INC-A (CSAI) stock?
The current trend direction for CLOUDASTRUCTURE INC-A (CSAI) is Bearish.
Can you provide the RSI signal for CLOUDASTRUCTURE INC-A?
CLOUDASTRUCTURE INC-A (CSAI) has an RSI value of 43.7308. This indicates that the stock is currently neutral.
What is the MACD signal for CSAI stock?
The MACD indicator for CLOUDASTRUCTURE INC-A (CSAI) has a value of 0.00527792, indicating a bearish trend.
Can you provide the support and resistance levels for CLOUDASTRUCTURE INC-A?
CLOUDASTRUCTURE INC-A (CSAI) has a support level at 0.64 and a resistance level at 0.68. Check the full technical report for our detailed analysis of CSAI support and resistance levels.