CARLISLE COS INC (CSL) Stock Technical Analysis
NYSE:CSL • US1423391002
Taking everything into account, CSL 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, CSL is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- CSL is one of the better performing stocks in the Building Products industry, it outperforms 80% 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.
- Looking at the yearly performance, CSL did better than 80% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
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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337.47
2 important support areas can be observed.
- Support @351.55 from a trend line in the daily time frame.
- Support @340.88 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 407.17 to 409.35. 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 | 80.28 | POSITIVE | CSL has a high relative strength, it outperformed 80.28% 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) | 62.01 | NEUTRAL | The RSI value for CSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests CSL has a negative trend. |
| Stochastics (14,3) | 71.09 | NEUTRAL | The Stochastics value for CSL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for CSL suggests some volalility. |
| Average Directional Index/ADX (14) | 36.41 | POSITIVE | The high ADX value value for CSL suggests a strong trend. |
400.67
-8.35 (-2.04%)
CARLISLE COS INC / CSL FAQ
What is the technical rating for CSL stock?
ChartMill assigns a technical rating of 9 / 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 62.0129. 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 351.55 and a resistance level at 407.17. Check the full technical report for our detailed analysis of CSL support and resistance levels.