CSG SYSTEMS INTL INC (CSGS) Stock Technical Analysis
NASDAQ:CSGS - Nasdaq - US1263491094 - Common Stock - Currency: USD
Overall CSGS gets a technical rating of 6 out of 10. 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, CSGS did better than 74% of all other stocks. We also observe that the gains produced by CSGS over the past year are nicely spread over this period.
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 60.54 - 65.25 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.
CSGS is an average performer in the IT Services industry, it outperforms 69% of 82 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, CSGS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 61.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CSGS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
60.15
67.40
When analyzing the support we notice one important area.
- A support zone ranging from 60.76 to 61.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 62.29 to 63.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for CSGS is neutral. |
| ChartMill Relative Strength | 74.89 | POSITIVE | CSGS has a high relative strength, it outperformed 74.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CSGS is below the rising 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) | 47.36 | NEUTRAL | The RSI value for CSGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CSGS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.15 | NEUTRAL | The Stochastics value for CSGS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for CSGS suggests some volalility. |
| Average Directional Index/ADX (14) | 10.89 | 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 |
|---|---|---|---|
| 63.35 | 60.96 | 2.39 (3.78%) | 25.00% |
| An entry @63.35. This is a Buy Stop order right above the resistance zone. | An exit @60.96. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.39 points, which is 3.78%. | For a 0.95% total portfolio risk, you can invest 25.00% 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.
62.24
-0.69 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-1.1%
1 Week-3.55%
2 Weeks2.42%
1 Month0.74%
3 Month-5.17%
6 Month-2.98%
12 Month32.48%
2 Year14.6%
3 Year7.59%
5 Year46.21%
10 Year101.36%
15 Year240.3%
Volatility
ATR(14)1.55
ATR(20)%2.29%
ATR Inc-43.11%
Range Today0.85
ADR(20)1.38
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.89
Mansfield-0.07
10 Day High65.25
10 Day Low60.97
20 Day High65.25
20 Day Low60.54
52 Week High67.6
52 Week Low44.57
CS1 End61.83
CR1 Start62.29
Volume & EV
DER(3)3.42%
DER(5)1.58%
Volume198.10K
Volume Incr31.46%
Vol(5)359.34K
Vol(50)252.29K