NASDAQ:CSGS - Nasdaq - US1263491094 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to CSGS. In the last year, CSGS was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
CSGS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 64.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 63.68, a Stop Loss order could be placed below this zone.
60.11
2 important support areas can be observed.
We found 1 important resistance area.
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 | UP | POSITIVE | The long term trend for CSGS is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CSGS is neutral. |
ChartMill Relative Strength | 80.97 | POSITIVE | CSGS has a high relative strength, it outperformed 80.97% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CSGS is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CSGS is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CSGS is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 51.78 | NEUTRAL | The RSI value for CSGS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CSGS has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 30.27 | NEUTRAL | The Stochastics value for CSGS is a neutral value. |
Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for CSGS suggests some volalility. |
Average Directional Index/ADX (14) | 13.73 | NEGATIVE | The low ADX value for CSGS suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
64.41 | 61.76 | 2.65 (4.11%) | 24.31% |
An entry @64.41. This is a Buy Stop order right above the 10 day high. | An exit @61.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.65 points, which is 4.11%. | For a 1.00% total portfolio risk, you can invest 24.31% of your capital in this trade. |
63.73
+1.4 (+2.25%)