COSTAR GROUP INC (CSGP) Technical Analysis
NASDAQ:CSGP • US22160N1090
Current stock price
CSGP Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CSGP is a bad performer in the overall market: 94% of all stocks are doing better.
- CSGP is one of the lesser performing stocks in the Real Estate Management & Development industry. 81% of 62 stocks in the same industry do better.
- CSGP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CSGP is lagging the market.
- In the last month CSGP has a been trading in the 38.69 - 48.93 range, which is quite wide. It is currently trading near the lows of this range.
- CSGP has an average volume of 6880580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CSGP Weekly and Daily overview Charts
CSGP Setup Rating and Analysis
The technical rating of CSGP 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
CSGP Support and Resistance Analysis
39.55
We can see 2 important resistance areas.
- Resistance @53.57 from a trend line in the daily time frame.
- Resistance @56.15 from a trend line in the daily time frame.
CSGP 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 CSGP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CSGP is down. |
| ChartMill Relative Strength | 6.72 | NEGATIVE | CSGP has a low relative strength, it was outperformed by 93.28% 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) | 30.91 | NEUTRAL | The RSI value for CSGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CSGP has a positive trend. |
| Stochastics (14,3) | 16.65 | OVERSOLD | The low Stochastics value suggests CSGP may be oversold. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for CSGP suggests some volalility. |
| Average Directional Index/ADX (14) | 33.82 | POSITIVE | The high ADX value value for CSGP suggests a strong trend. |
CSGP Chart- and CandleStick Pattern Analysis
CSGP Technicals: Chart, Performance Metrics, Trend & Indicators
39.95
+0.32 (+0.81%)
COSTAR GROUP INC / CSGP TA 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 COSTAR GROUP INC (CSGP) stock?
COSTAR GROUP INC (CSGP) has an RSI value of 30.9072. This indicates that the stock is currently neutral.
Can you provide the short term momentum for COSTAR GROUP INC?
The short term momentum for COSTAR GROUP INC (CSGP) is negative.
What is the buy/sell signal for COSTAR GROUP INC (CSGP) stock?
The buy/sell signal for COSTAR GROUP INC (CSGP) is sell as both the short term and long term trends are negative.