COLOR STAR TECHNOLOGY CO LTD (CSCW) Technical Analysis
NASDAQ:CSCW • KYG2287A2093
Current stock price
CSCW Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CSCW. CSCW 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.
- 99% of all other stocks performed better in the past year than CSCW.
- CSCW is one of the lesser performing stocks in the Software industry. 88% of 277 stocks in the same industry do better.
- CSCW is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CSCW is lagging the market.
- In the last month CSCW has a been trading in the 1.05 - 2.28 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.
- CSCW has an average volume of 13763800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
CSCW Weekly and Daily overview Charts
CSCW Setup Rating and Analysis
The technical rating of CSCW 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
CSCW Support and Resistance Analysis
1.07
We found 1 important resistance area.
- Resistance @1.13 from a trend line in the daily time frame.
CSCW Technical Indicator Signal Analysis
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 CSCW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CSCW is down. |
| ChartMill Relative Strength | 1.61 | NEGATIVE | CSCW has a low relative strength, it was outperformed by 98.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CSCW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CSCW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CSCW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.87 | OVERSOLD | The low RSI value suggests CSCW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CSCW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 6.19 | OVERSOLD | The low Stochastics value suggests CSCW may be oversold. |
| Average True Range in percent/ATR (20) | 19.82 | HIGH VOLATILITY | The high ATR as a percentage value for CSCW suggests high volalility. |
| Average Directional Index/ADX (14) | 16.22 | NEGATIVE | The low ADX value for CSCW suggests a weak or negative trend. |
CSCW Chart- and CandleStick Pattern Analysis
CSCW Technicals: Chart, Performance Metrics, Trend & Indicators
1.08
-0.04 (-3.57%)
COLOR STAR TECHNOLOGY CO LTD / CSCW TA FAQ
What is the technical rating for CSCW stock?
ChartMill assigns a technical rating of 0 / 10 to CSCW.
What is the trend direction for CSCW stock?
The current trend direction for COLOR STAR TECHNOLOGY CO LTD (CSCW) is Bearish.
What is the RSI signal for COLOR STAR TECHNOLOGY CO LTD (CSCW) stock?
COLOR STAR TECHNOLOGY CO LTD (CSCW) has an RSI value of 27.87. This indicates that the stock is currently oversold.
What is the short term momentum for COLOR STAR TECHNOLOGY CO LTD (CSCW) stock?
The short term momentum for COLOR STAR TECHNOLOGY CO LTD (CSCW) is negative.
Can you provide the buy/sell signal for COLOR STAR TECHNOLOGY CO LTD?
The buy/sell signal for COLOR STAR TECHNOLOGY CO LTD (CSCW) is sell as both the short term and long term trends are negative.