CARLISLE COS INC (CSL) Stock Technical Analysis
NYSE:CSL • US1423391002
We assign a technical rating of 7 out of 10 to CSL. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CSL is only an average performer.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- CSL is part of the Building Products industry. There are 42 other stocks in this industry. CSL outperforms 73% of them.
- CSL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When comparing the yearly performance of all stocks, we notice that CSL is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- CSL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CSL is lagging the market.
Besides having an excellent technical rating, CSL 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.
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352.52
We found 2 important support areas.
- A support zone ranging from 393.72 to 393.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @356.08 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 398.94 to 406.27. 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 CSL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CSL is neutral. |
| ChartMill Relative Strength | 76.98 | POSITIVE | CSL has a high relative strength, it outperformed 76.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CSL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CSL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CSL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.57 | NEUTRAL | The RSI value for CSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.63 | NEGATIVE | The MACD value suggests CSL has a negative trend. |
| Stochastics (14,3) | 19.25 | OVERSOLD | The low Stochastics value suggests CSL may be oversold. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for CSL suggests some volalility. |
| Average Directional Index/ADX (14) | 29.77 | POSITIVE | The high ADX value value for CSL suggests a strong 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 |
|---|---|---|---|
| 406.28 | 393.71 | 12.57 (3.09%) | 25.00% |
| An entry @406.28. This is a Buy Stop order right above the resistance zone. | An exit @393.71. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 12.57 points, which is 3.09%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- The distance between exit and entry is rather small compared to the average daily movement of CSL. 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.
393.73
-1.04 (-0.26%)
CARLISLE COS INC / CSL FAQ
What is the technical rating for CSL stock?
ChartMill assigns a technical rating of 7 / 10 to CSL.
What is the trend direction for CSL stock?
The current trend direction for CARLISLE COS INC (CSL) is Bullish.
What is the RSI signal for CSL stock?
CARLISLE COS INC (CSL) has an RSI value of 54.568. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for CARLISLE COS INC?
CARLISLE COS INC (CSL) has a support level at 393.72 and a resistance level at 398.94. Check the full technical report for our detailed analysis of CSL support and resistance levels.