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Centerstate Bank Corp (CSFL) Stock Technical Analysis

USA - Nasdaq - NASDAQ:CSFL -

18.14
+0.81 (+4.67%)
Last: 6/5/2020, 8:00:02 PM
17.2011
-0.94 (-5.18%)
After Hours: 6/5/2020, 8:00:02 PM
Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to CSFL. In the past year, CSFL 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.

When comparing the yearly performance of all stocks, CSFL is a bad performer in the overall market: 82% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CSFL has a been trading in the 12.10 - 19.97 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CSFL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CSFL is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
Centerstate Bank Corp / CSFL Weekly stock chart
Centerstate Bank Corp / CSFL Daily stock chart
Setup Rating and Analysis

1

CSFL has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

15.50

26.18

We found 1 important support area.

  • A support zone ranging from 15.66 to 15.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 18.15 to 18.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 22.32 to 22.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @24.06 from a trend line in the weekly time frame.
  • Resistance @25.92 from a trend line in the weekly time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for CSFL is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CSFL is up.
ChartMill Relative Strength18.83NEGATIVECSFL has a low relative strength, it was outperformed by 81.17% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CSFL is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CSFL is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of CSFL is below a declining SMA(200).
Relative Strength Index/RSI (14)62.76NEUTRALThe RSI value for CSFL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.43POSITIVEThe MACD value suggests CSFL has a positive trend.
Stochastics (14,3)86.48OVERBOUGHTThe high Stochastics value suggests CSFL may be overbought.
Average True Range in percent/ATR (20)6.27HIGH VOLATILITYThe high ATR as a percentage value for CSFL suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
Centerstate Bank Corp / CSFL Daily stock chart

Centerstate Bank Corp

NASDAQ:CSFL (6/5/2020, 8:00:02 PM)

After market: 17.2011 -0.94 (-5.18%)

18.14

+0.81 (+4.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.67%
1 Week14.81%
2 Weeks28.02%
1 Month19.26%
3 Month-10.95%
6 Month-27.67%
12 Month-18.84%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.2
ATR(20)%6.27%
ATR Inc74.98%
Range Today1.93
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
CRS18.83
3 months CRSN/A
6 months CRSN/A
Mansfield-2.21
10 Day High19.97
10 Day Low13.85
20 Day High19.97
20 Day Low12.1
52 Week High26.79
52 Week Low12.1
CS1 End15.81
CR1 Start18.15
Volume & EV
DER(3)1.51%
DER(5)-0.04%
Volume4.71M
Volume Incr102.86%
Vol(5)1.42M
Vol(50)792.87K

Centerstate Bank Corp / CSFL FAQ

What is the ChartMill technical rating of Centerstate Bank Corp (CSFL) stock?

ChartMill assigns a technical rating of 4 / 10 to CSFL.


What is the trend direction for CSFL stock?

The current trend direction for Centerstate Bank Corp (CSFL) is Bearish.


Can you provide the RSI signal for Centerstate Bank Corp?

Centerstate Bank Corp (CSFL) has an RSI value of 62.7638. This indicates that the stock is currently neutral.


What is the short term momentum for Centerstate Bank Corp (CSFL) stock?

The short term momentum for Centerstate Bank Corp (CSFL) is positive.


Can you provide the support and resistance levels for Centerstate Bank Corp?

Centerstate Bank Corp (CSFL) has a support level at 15.81 and a resistance level at 18.15. Check the full technical report for our detailed analysis of CSFL support and resistance levels.