CARLISLE COS INC (CSL) Stock Technical Analysis
NYSE:CSL • US1423391002
Overall CSL gets a technical rating of 8 out of 10. Although CSL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- CSL is one of the better performing stocks in the Building Products industry, it outperforms 78% of 42 stocks in the same industry.
- CSL 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 CSL is lagging the market slightly.
- 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 77% of all stocks. However, this relatively good performance is mostly due to a recent big move.
CSL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 393.72, a Stop Loss order could be placed below this zone.
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349.84
2 important support areas can be observed.
- A support zone ranging from 390.93 to 393.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @353.37 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 407.17 to 407.69. 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 | UP | POSITIVE | The short term trend for CSL is up. |
| ChartMill Relative Strength | 77.36 | POSITIVE | CSL has a high relative strength, it outperformed 77.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSL is above 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) | UP | POSITIVE | The current price of CSL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.93 | NEUTRAL | The RSI value for CSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.11 | NEGATIVE | The MACD value suggests CSL has a negative trend. |
| Stochastics (14,3) | 46.67 | NEUTRAL | The Stochastics value for CSL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for CSL suggests some volalility. |
| Average Directional Index/ADX (14) | 34.79 | 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 |
|---|---|---|---|
| 407.70 | 390.92 | 16.78 (4.12%) | 24.30% |
| An entry @407.70. This is a Buy Stop order right above the resistance zone. | An exit @390.92. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 16.78 points, which is 4.12%. | When investing 24.30% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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
-14.13 (-3.46%)
CARLISLE COS INC / CSL FAQ
What is the technical rating for CSL stock?
ChartMill assigns a technical rating of 8 / 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 54.9295. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for CARLISLE COS INC?
The buy/sell signal for CARLISLE COS INC (CSL) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CSL stock?
CARLISLE COS INC (CSL) has a support level at 393.72 and a resistance level at 407.17. Check the full technical report for our detailed analysis of CSL support and resistance levels.