COSAN SA -ADR (CSAN) Stock Technical Analysis
NYSE:CSAN - US22113B1035 - ADR
4.58 USD
+0.3 (+7.01%)
4.6 USD
+0.02 (+0.44%)
Overall CSAN gets a technical rating of 1 out of 10. CSAN 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CSAN is a bad performer in the overall market: 95% of all stocks are doing better.
CSAN is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 89% of 209 stocks in the same industry do better.
CSAN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CSAN has a been trading in the 3.80 - 4.61 range, which is quite wide. It is currently trading near the high of this range.
CSAN has an average volume of 1433100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of CSAN is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.53
6.06
We can see 2 important resistance areas.
- Resistance @4.70 from a trend line in the weekly time frame.
- Resistance @6.00 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 | DOWN | NEGATIVE | The long term trend for CSAN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CSAN is neutral. |
| ChartMill Relative Strength | 5.64 | NEGATIVE | CSAN has a low relative strength, it was outperformed by 94.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSAN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CSAN is above a declining 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) | 60.96 | NEUTRAL | The RSI value for CSAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CSAN has a positive trend. |
| Stochastics (14,3) | 82.56 | OVERBOUGHT | The high Stochastics value suggests CSAN may be overbought. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for CSAN suggests some volalility. |
| Average Directional Index/ADX (14) | 24.13 | NEUTRAL | The ADX value for CSAN suggests a possible start of a new 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)
4.58
+0.3 (+7.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg7.01%
1 Week14.21%
2 Weeks8.53%
1 Month9.57%
3 Month-21.03%
6 Month-9.13%
12 Month-50.38%
2 Year-66.3%
3 Year-64.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%4.25%
ATR Inc8.68%
Range Today0.23
ADR(20)0.16
ADR(20)%3.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.64
Mansfield-2.85
10 Day High4.61
10 Day Low3.8
20 Day High4.61
20 Day Low3.8
52 Week High10.12
52 Week Low3.8
CS1 EndN/A
CR1 Start4.7
Volume & EV
DER(3)0.14%
DER(5)1.84%
Volume2.53M
Volume Incr6.42%
Vol(5)1.44M
Vol(50)1.43M