58.49 USD
-2.87 (-4.68%)
58.64 USD
+0.15 (+0.26%)
Taking everything into account, CSGP scores 0 out of 10 in our technical rating. CSGP 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.
When comparing the yearly performance of all stocks, CSGP is a bad performer in the overall market: 86% of all stocks are doing better.
CSGP is part of the Real Estate Management & Development industry. There are 63 other stocks in this industry, of which 75% are performing better than CSGP.
CSGP is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month CSGP has a been trading in the 58.41 - 68.98 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CSGP has an average volume of 4770230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of CSGP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
57.91
97.57
We can see 4 important resistance areas.
- A resistance zone ranging from 65.05 to 65.75. 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 67.01 to 67.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 68.73 to 69.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @96.60 from a horizontal line in the weekly 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 CSGP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CSGP is down. |
| ChartMill Relative Strength | 14.21 | NEGATIVE | CSGP has a low relative strength, it was outperformed by 85.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CSGP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CSGP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CSGP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.32 | OVERSOLD | The low RSI value suggests CSGP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests CSGP has a negative trend. |
| Stochastics (14,3) | 5.09 | OVERSOLD | The low Stochastics value suggests CSGP may be oversold. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for CSGP suggests some volalility. |
| Average Directional Index/ADX (14) | 40.8 | POSITIVE | The high ADX value value for CSGP suggests a strong 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)
58.49
-2.87 (-4.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-4.68%
1 Week-10.96%
2 Weeks-12.56%
1 Month-13.82%
3 Month-22.61%
6 Month-31.53%
12 Month-16.29%
2 Year-29.94%
3 Year-24.92%
5 Year-34.99%
10 Year233.52%
15 Year939.27%
Volatility
ATR(14)2.11
ATR(20)%3.59%
ATR Inc66.34%
Range Today3.42
ADR(20)2.09
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.21
3 months CRS12.85
6 months CRS10.07
Mansfield-3.32
10 Day High68.98
10 Day Low58.41
20 Day High68.98
20 Day Low58.41
52 Week High97.43
52 Week Low58.41
CS1 EndN/A
CR1 Start65.05
Volume & EV
DER(3)-1.5%
DER(5)-1.04%
Volume7.69M
Volume Incr93.84%
Vol(5)7.46M
Vol(50)4.77M
COSTAR GROUP INC / CSGP FAQ
What is the technical rating for CSGP stock?
ChartMill assigns a technical rating of 0 / 10 to CSGP.
What is the trend direction for CSGP stock?
The current trend direction for COSTAR GROUP INC (CSGP) is Bearish.
What is the RSI signal for CSGP stock?
COSTAR GROUP INC (CSGP) has an RSI value of 26.3158. This indicates that the stock is currently oversold.
What is the buy/sell signal for CSGP stock?
The buy/sell signal for COSTAR GROUP INC (CSGP) is sell as both the short term and long term trends are negative.
What is the support and resistance level for CSGP stock?
COSTAR GROUP INC (CSGP) has a resistance level at 65.05. Check the full technical report for our detailed analysis of CSGP support and resistance levels.