COSTAR GROUP INC (CSGP) Stock Technical Analysis
NASDAQ:CSGP - Nasdaq - US22160N1090 - Common Stock - Currency: USD
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.
65% of all other stocks performed better in the past year than CSGP.
In the last month CSGP has a been trading in the 71.94 - 78.56 range, which is quite wide. It is currently trading near the lows of this range.
CSGP has an average volume of 3338930 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 62% of 65 stocks in the same industry.
CSGP 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 CSGP is lagging the market slightly.
CSGP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 73.49, a Stop Loss order could be placed below this zone.
More info and screens
68.60
84.05
When analyzing the support we can see 2 important areas.
- A support zone ranging from 73.27 to 73.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 69.29 to 71.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 73.70 to 77.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @79.61 from a horizontal line in the daily time frame.
- A resistance zone ranging from 81.34 to 83.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 35.83 | NEUTRAL | CSGP is not amongst the best or worst performers 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) | 40.8 | NEUTRAL | The RSI value for CSGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CSGP has a negative trend. |
| Stochastics (14,3) | 25.25 | NEUTRAL | The Stochastics value for CSGP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for CSGP suggests some volalility. |
| Average Directional Index/ADX (14) | 20.9 | 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)
73.56
-0.51 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-0.69%
1 Week-0.78%
2 Weeks-3.27%
1 Month-3.94%
3 Month-3.53%
6 Month-9.56%
12 Month-5.9%
2 Year-7.36%
3 Year20.71%
5 Year12%
10 Year252.11%
15 Year1704.27%
Volatility
ATR(14)1.49
ATR(20)%2.19%
ATR Inc16.97%
Range Today2.06
ADR(20)1.53
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.83
Mansfield-0.63
10 Day High77.25
10 Day Low71.94
20 Day High78.56
20 Day Low71.94
52 Week High83.68
52 Week Low68.26
CS1 End73.49
CR1 Start73.7
Volume & EV
DER(3)-0.25%
DER(5)0.62%
Volume6.15M
Volume Incr-18.32%
Vol(5)2.95M
Vol(50)3.34M