CSG SYSTEMS INTL INC (CSGS) Stock Technical Analysis
NASDAQ:CSGS - Nasdaq - US1263491094 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to CSGS. Both in the recent history as in the last year, CSGS has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CSGS did better than 91% of all other stocks. On top of that, CSGS also shows a nice and consistent pattern of rising prices.
CSGS is one of the better performing stocks in the IT Services industry, it outperforms 76% of 82 stocks in the same industry.
CSGS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CSGS is lagging the market slightly.
In the last month CSGS has a been trading in the 61.95 - 67.58 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Besides having an excellent technical rating, CSGS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 64.73, a Stop Loss order could be placed below this zone.
More info and screens
55.94
67.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 61.53 to 64.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @58.49 from a trend line in the weekly time frame.
- A support zone ranging from 56.50 to 57.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 65.06 to 66.73. 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 | UP | POSITIVE | The long term trend for CSGS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CSGS is up. |
| ChartMill Relative Strength | 91.04 | POSITIVE | CSGS has a high relative strength, it outperformed 91.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSGS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CSGS is above the rising 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) | 56.4 | NEUTRAL | The RSI value for CSGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests CSGS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.56 | NEUTRAL | The Stochastics value for CSGS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for CSGS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.77 | NEGATIVE | The low ADX value for CSGS suggests a weak or negative 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)
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 |
|---|---|---|---|
| 66.74 | 61.94 | 4.80 (7.19%) | 13.91% |
| An entry @66.74. This is a Buy Stop order right above the resistance zone. | An exit @61.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.80 points, which is 7.19%. | For a 1.00% total portfolio risk, you can invest 13.91% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
65.06
+0.45 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.7%
1 Week3.11%
2 Weeks-0.79%
1 Month0.09%
3 Month7.24%
6 Month21.02%
12 Month60.72%
2 Year23.36%
3 Year9.01%
5 Year57.19%
10 Year105.5%
15 Year254.94%
Volatility
ATR(14)1.55
ATR(20)%2.08%
ATR Inc-31.85%
Range Today1.12
ADR(20)1.32
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.04
Mansfield1.47
10 Day High67.58
10 Day Low61.95
20 Day High67.58
20 Day Low61.95
52 Week High67.6
52 Week Low39.56
CS1 End64.73
CR1 Start65.06
Volume & EV
DER(3)1.16%
DER(5)2.87%
Volume192.00K
Volume Incr-29.42%
Vol(5)220.54K
Vol(50)295.07K