Taking everything into account, CSPI scores 0 out of 10 in our technical rating. CSPI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CSPI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for CSPI in the last couple of days, which is a good sign.
10.70
5 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for CSPI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CSPI is down. |
| ChartMill Relative Strength | 13.8 | NEGATIVE | CSPI has a low relative strength, it was outperformed by 86.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CSPI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CSPI is below 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) | 39.73 | NEUTRAL | The RSI value for CSPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CSPI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.62 | OVERSOLD | The low Stochastics value suggests CSPI may be oversold. |
| Average True Range in percent/ATR (20) | 6.39 | HIGH VOLATILITY | The high ATR as a percentage value for CSPI suggests high volalility. |
| Average Directional Index/ADX (14) | 12.61 | NEGATIVE | The low ADX value for CSPI suggests a weak or negative trend. |
10.81
+0.3 (+2.85%)
ChartMill assigns a technical rating of 0 / 10 to CSPI.
The current trend direction for CSP INC (CSPI) is Bearish.
CSP INC (CSPI) has an RSI value of 39.725. This indicates that the stock is currently neutral.
The short term momentum for CSP INC (CSPI) is negative.
CSP INC (CSPI) has a resistance level at 11.16. Check the full technical report for our detailed analysis of CSPI support and resistance levels.