CSP INC (CSPI) Stock Technical Analysis
USA - NASDAQ:CSPI - US1263891053 - Common Stock
Taking everything into account, CSPI scores 5 out of 10 in our technical rating. In the last year, CSPI was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
CSPI has an average technical rating and the quality of the presented setup is also not ideal 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.
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10.33
We found 4 important support areas.
- A support zone ranging from 11.31 to 11.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.09 to 11.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.88 from a horizontal line in the daily time frame.
- Support @10.43 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.31 to 13.56. 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 CSPI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CSPI is neutral. |
| ChartMill Relative Strength | 51.57 | NEUTRAL | CSPI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CSPI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CSPI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CSPI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.78 | NEUTRAL | The RSI value for CSPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CSPI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.78 | NEUTRAL | The Stochastics value for CSPI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.73 | HIGH VOLATILITY | The high ATR as a percentage value for CSPI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.42 | NEUTRAL | The ADX value for CSPI suggests a possible start of a new trend. |
12.11
-0.66 (-5.17%)
CSP INC / CSPI FAQ
What is the technical rating for CSPI stock?
ChartMill assigns a technical rating of 5 / 10 to CSPI.
Can you provide the trend direction for CSP INC?
The current trend direction for CSP INC (CSPI) is Bearish.
What is the RSI signal for CSP INC (CSPI) stock?
CSP INC (CSPI) has an RSI value of 47.779. This indicates that the stock is currently neutral.
What is the MACD signal for CSPI stock?
The MACD indicator for CSP INC (CSPI) has a value of 0.0376803, indicating a bearish trend.
What are the support and resistance levels for CSP INC (CSPI) stock?
CSP INC (CSPI) has a support level at 11.36 and a resistance level at 13.31. Check the full technical report for our detailed analysis of CSPI support and resistance levels.