CSG SYSTEMS INTL INC (CSGS) Technical Analysis
NASDAQ:CSGS • US1263491094
Current stock price
CSGS Technical Rating and Analysis
Taking everything into account, CSGS scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CSGS is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CSGS did better than 76% 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 one of the better performing stocks in the IT Services industry, it outperforms 85% of 88 stocks in the same industry.
- CSGS is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CSGS is leading the market.
- In the last month CSGS has a been trading in a tight range between 79.50 and 80.48.
CSGS Weekly and Daily overview Charts
CSGS Setup Rating and Analysis
CSGS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 79.97, 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CSGS Support and Resistance Analysis
67.11
When analyzing the support we can see 4 important areas.
- A support zone ranging from 78.10 to 79.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.76 from a horizontal line in the weekly time frame.
- Support @72.42 from a trend line in the weekly time frame.
- Support @67.79 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 80.08 to 80.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CSGS Technical Indicator Signal Analysis
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 | 76.91 | POSITIVE | CSGS has a high relative strength, it outperformed 76.91% 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) | 52.97 | NEUTRAL | The RSI value for CSGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CSGS has a negative trend. |
| Stochastics (14,3) | 56.46 | NEUTRAL | The Stochastics value for CSGS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for CSGS suggests low volalility. |
| Average Directional Index/ADX (14) | 41.75 | POSITIVE | The high ADX value value for CSGS suggests a strong trend. |
CSGS Chart- and CandleStick Pattern Analysis
CSGS Example Setup
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 |
|---|---|---|---|
| 80.37 | 79.55 | 0.82 (1.02%) | 25.00% |
| An entry @80.37. This is a Buy Stop order right above the resistance zone. | An exit @79.55. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.82 points, which is 1.02%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.26%. |
- 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.
CSGS Technicals: Chart, Performance Metrics, Trend & Indicators
80.05
-0.12 (-0.15%)
CSG SYSTEMS INTL INC / CSGS TA FAQ
Can you provide the ChartMill technical rating for CSG SYSTEMS INTL INC?
ChartMill assigns a technical rating of 9 / 10 to CSGS.
What is the trend direction for CSGS stock?
The current trend direction for CSG SYSTEMS INTL INC (CSGS) is Bullish.
Can you provide the RSI signal for CSG SYSTEMS INTL INC?
CSG SYSTEMS INTL INC (CSGS) has an RSI value of 52.973. This indicates that the stock is currently neutral.
What is the MACD signal for CSGS stock?
The MACD indicator for CSG SYSTEMS INTL INC (CSGS) has a value of -0.00915271, indicating a bearish trend.
Can you provide the short term momentum for CSG SYSTEMS INTL INC?
The short term momentum for CSG SYSTEMS INTL INC (CSGS) is positive.