COMPLETE SOLARIA INC (CSLR) Stock Technical Analysis
NASDAQ:CSLR - Nasdaq - US20460L1044 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CSLR. In the past year, CSLR was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, CSLR did better than 99% of all other stocks.
In the last month CSLR has a been trading in the 1.25 - 2.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CSLR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CSLR is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CSLR has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.34
1.98
When analyzing the support we can see 3 important areas.
- Support @1.43 from a trend line in the weekly time frame.
- A support zone ranging from 1.39 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.35 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.96 to 1.96. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for CSLR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CSLR is up. |
| ChartMill Relative Strength | 99.36 | POSITIVE | CSLR has a high relative strength, it outperformed 99.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSLR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CSLR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CSLR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.96 | NEUTRAL | The RSI value for CSLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CSLR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.11 | OVERBOUGHT | The high Stochastics value suggests CSLR may be overbought. |
| Average True Range in percent/ATR (20) | 9.88 | HIGH VOLATILITY | The high ATR as a percentage value for CSLR suggests high volalility. |
| Average Directional Index/ADX (14) | 17.26 | NEGATIVE | The low ADX value for CSLR suggests a weak or negative 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 |
|---|---|---|---|
| 1.97 | 1.42 | 0.55 (27.92%) | 3.58% |
| An entry @1.97. This is a Buy Stop order right above the resistance zone. | An exit @1.42. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.55 points, which is 27.92%. | For a 1.00% total portfolio risk, you can invest 3.58% of your capital in this trade. |
- 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.
1.805
-0.15 (-7.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.44%
1 Week25.78%
2 Weeks31.75%
1 Month21.14%
3 Month-1.37%
6 Month-20.13%
12 Month373.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%9.88%
ATR Inc28.49%
Range Today0.25
ADR(20)0.17
ADR(20)%9.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.36
Mansfield1.27
10 Day High2
10 Day Low1.25
20 Day High2
20 Day Low1.25
52 Week High3.37
52 Week Low0.35
CS1 End1.43
CR1 Start1.96
Volume & EV
DER(3)1.21%
DER(5)5.29%
Volume936.60K
Volume Incr126.3%
Vol(5)937.50K
Vol(50)409.67K