COSAN SA -ADR (CSAN) Technical Analysis
NYSE:CSAN • US22113B1035
Overall CSAN gets a technical rating of 2 out of 10. CSAN'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.
- 82% of all other stocks performed better in the past year than CSAN.
- CSAN is part of the Specialty Retail industry. There are 124 other stocks in this industry, of which 62% are performing better than CSAN.
- CSAN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CSAN is lagging the market.
- In the last month CSAN has a been trading in the 4.21 - 5.42 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- CSAN has an average volume of 2331550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of CSAN is bad and it also does not present a 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
3.74
We found 1 important support area.
- A support zone ranging from 3.78 to 3.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.23 to 5.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.45 from a horizontal line in the daily time frame.
- Resistance @5.57 from a trend line 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 | NEUTRAL | NEUTRAL | The long term trend for CSAN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CSAN is down. |
| ChartMill Relative Strength | 18.78 | NEGATIVE | CSAN has a low relative strength, it was outperformed by 81.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CSAN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CSAN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CSAN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.7 | NEUTRAL | The RSI value for CSAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests CSAN has a negative trend. |
| Stochastics (14,3) | 10.92 | OVERSOLD | The low Stochastics value suggests CSAN may be oversold. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for CSAN suggests high volalility. |
| Average Directional Index/ADX (14) | 25.46 | POSITIVE | The high ADX value value for CSAN suggests a strong trend. |
CSAN Technicals: Chart, Performance Metrics, Trend & Indicators
4.25
-0.11 (-2.52%)
COSAN SA -ADR / CSAN FAQ
What is the ChartMill technical rating of COSAN SA -ADR (CSAN) stock?
ChartMill assigns a technical rating of 2 / 10 to CSAN.
What is the trend direction for CSAN stock?
The current trend direction for COSAN SA -ADR (CSAN) is Bearish.
What is the RSI signal for COSAN SA -ADR (CSAN) stock?
COSAN SA -ADR (CSAN) has an RSI value of 39.6974. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COSAN SA -ADR?
The MACD indicator for COSAN SA -ADR (CSAN) has a value of -0.10592, indicating a bearish trend.
Can you provide the support and resistance levels for COSAN SA -ADR?
COSAN SA -ADR (CSAN) has a support level at 3.84 and a resistance level at 5.23. Check the full technical report for our detailed analysis of CSAN support and resistance levels.