CSG SYSTEMS INTL INC (CSGS) Stock Technical Analysis
USA - NASDAQ:CSGS - US1263491094 - Common Stock
64.38 USD
-0.4 (-0.62%)
64.38 USD
0 (0%)
Overall CSGS gets a technical rating of 7 out of 10. In the last year, CSGS was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, CSGS did better than 77% 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.
CSGS is an average performer in the IT Services industry, it outperforms 63% of 87 stocks in the same industry.
In the last month CSGS has a been trading in the 63.11 - 67.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CSGS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 64.05, a Stop Loss order could be placed below this zone.
More info and screens
60.15
67.68
When analyzing the support we can see 3 important areas.
- A support zone ranging from 63.49 to 64.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @62.29 from a horizontal line in the daily time frame.
- A support zone ranging from 60.76 to 60.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 64.43 to 67.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 77.47 | POSITIVE | CSGS has a high relative strength, it outperformed 77.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CSGS is below a declining 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) | 47.72 | NEUTRAL | The RSI value for CSGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests CSGS has a negative trend. |
| Stochastics (14,3) | 38.04 | NEUTRAL | The Stochastics value for CSGS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for CSGS suggests some volalility. |
| Average Directional Index/ADX (14) | 22.25 | NEUTRAL | The ADX value for CSGS 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)
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 |
|---|---|---|---|
| 65.58 | 63.82 | 1.76 (2.69%) | 25.00% |
| An entry @65.58. This is a Buy Stop order right above the 10 day moving average. | An exit @63.82. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.76 points, which is 2.69%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.67%. |
- The distance between exit and entry is rather small compared to the average daily movement of CSGS. Please evaluate whether better entry and exit points can be found.
- 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.
64.38
-0.4 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.62%
1 Week-2.13%
2 Weeks-0.71%
1 Month-0.23%
3 Month-2.51%
6 Month12.24%
12 Month33.4%
2 Year25.94%
3 Year21.75%
5 Year57.22%
10 Year109.03%
15 Year253.15%
Volatility
ATR(14)1.32
ATR(20)%2.14%
ATR Inc-22.84%
Range Today1.12
ADR(20)1.35
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.47
Mansfield-0.27
10 Day High67.25
10 Day Low63.83
20 Day High67.25
20 Day Low63.11
52 Week High67.6
52 Week Low46.17
CS1 End64.05
CR1 Start64.43
Volume & EV
DER(3)0.58%
DER(5)0.18%
Volume153.00K
Volume Incr-38.49%
Vol(5)154.20K
Vol(50)264.40K