COSAN SA -ADR (CSAN) Stock Technical Analysis
NYSE:CSAN - New York Stock Exchange, Inc. - US22113B1035 - ADR - Currency: USD
Overall CSAN gets a technical rating of 3 out of 10. In the past year, CSAN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CSAN is a bad performer in the overall market: 82% of all stocks are doing better.
CSAN is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 63% of 213 stocks in the same industry do better.
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 5.11 - 5.82 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CSAN has an average volume of 1312510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CSAN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for CSAN in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.72
5.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.38 to 5.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.25 to 5.26. 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 4.77 to 4.81. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.46 to 5.57. 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 5.68 to 5.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.84 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.44
Mansfield-2.8
10 Day High5.82
10 Day Low5.11
20 Day High5.82
20 Day Low5.11
52 Week High10.99
52 Week Low4.31
Performance
1 Week-1.45%
2 Weeks3.42%
1 Month3.62%
3 Month5.84%
6 Month-28.42%
12 Month-49.58%
2 Year-54.09%
3 Year-70.04%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)52.28
LBB5.2
UBB5.74
5.44
+0.09 (+1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.68%
1 Week-1.45%
2 Weeks3.42%
1 Month3.62%
3 Month5.84%
6 Month-28.42%
12 Month-49.58%
2 Year-54.09%
3 Year-70.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%4.21%
ATR Inc-36.04%
Range Today0.15
ADR(20)0.19
ADR(20)%3.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.44
Mansfield-2.8
10 Day High5.82
10 Day Low5.11
20 Day High5.82
20 Day Low5.11
52 Week High10.99
52 Week Low4.31
CS1 End5.43
CR1 Start5.46
Volume & EV
DER(3)8.75%
DER(5)2.34%
Volume2.45M
Volume Incr18.94%
Vol(5)1.50M
Vol(50)1.31M