COSTAR GROUP INC (CSGP) Stock Technical Analysis
USA - NASDAQ:CSGP - US22160N1090 - Common Stock
79 USD
-1.6 (-1.99%)
78.55 USD
-0.45 (-0.57%)
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.
When comparing the yearly performance of all stocks, CSGP is a bad performer in the overall market: 71% of all stocks are doing better.
In the last month CSGP has a been trading in the 78.60 - 90.72 range, which is quite wide. It is currently trading near the lows of this range.
CSGP has an average volume of 2792410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CSGP is an average performer in the Real Estate Management & Development industry, it outperforms 51% of 63 stocks in the same industry.
CSGP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CSGP is lagging the market.
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
70.54
97.57
3 important support areas can be observed.
- A support zone ranging from 76.96 to 77.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @73.27 from a horizontal line in the daily time frame.
- Support @71.25 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 84.80 to 85.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 88.45 to 89.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for CSGP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CSGP is down. |
| ChartMill Relative Strength | 29.7 | NEGATIVE | CSGP has a low relative strength, it was outperformed by 70.3% 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) | UP | MIXED | The current price of CSGP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.45 | OVERSOLD | The low RSI value suggests CSGP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests CSGP has a negative trend. |
| Stochastics (14,3) | 5.73 | OVERSOLD | The low Stochastics value suggests CSGP may be oversold. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for CSGP suggests some volalility. |
| Average Directional Index/ADX (14) | 24.99 | NEUTRAL | The ADX value for CSGP suggests a possible start of a new 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)
79
-1.6 (-1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-1.99%
1 Week-5.37%
2 Weeks-6.01%
1 Month-8.46%
3 Month-7.53%
6 Month2.08%
12 Month3.58%
2 Year7.61%
3 Year-4.5%
5 Year-4.08%
10 Year289.03%
15 Year1490.82%
Volatility
ATR(14)1.94
ATR(20)%2.46%
ATR Inc-10.37%
Range Today1.95
ADR(20)1.9
ADR(20)%2.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.7
Mansfield-1.16
10 Day High85.24
10 Day Low78.6
20 Day High90.72
20 Day Low78.6
52 Week High97.43
52 Week Low68.26
CS1 End77.07
CR1 Start84.8
Volume & EV
DER(3)0.07%
DER(5)-0.09%
Volume4.22M
Volume Incr17.32%
Vol(5)3.27M
Vol(50)2.79M