COLOR STAR TECHNOLOGY CO LTD (CSCW) Stock Technical Analysis
NASDAQ:CSCW - Nasdaq - KYG2287A2093 - Common Stock - Currency: USD
Overall CSCW gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than CSCW.
CSCW is part of the Software industry. There are 283 other stocks in this industry, of which 90% are performing better than CSCW.
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.
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
1.07
1.14
We found 1 important resistance area.
- Resistance @1.13 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 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. |
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)
1.08
-0.04 (-3.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.57%
1 Week-14.29%
2 Weeks-10%
1 Month-18.8%
3 Month-78.42%
6 Month-79.2%
12 Month-96.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%19.82%
ATR Inc-41.77%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.61
Mansfield-8.69
10 Day High1.35
10 Day Low1.05
20 Day High2.28
20 Day Low1.05
52 Week High35.92
52 Week Low1.05
CS1 EndN/A
CR1 Start1.13
Volume & EV
DER(3)-12.53%
DER(5)-7.8%
Volume312.60K
Volume Incr-88.25%
Vol(5)248.34K
Vol(50)13.76M