Casper Sleep Inc (CSPR) Technical Analysis
NYSE:CSPR
Current stock price
CSPR Technical Rating and Analysis
Overall CSPR gets a technical rating of 8 out of 10. In the last year, CSPR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- CSPR is one of the better performing stocks in the Household Durables industry, it outperforms 100% of 60 stocks in the same industry.
- In the last month CSPR has a been trading in the 4.57 - 6.79 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.
- CSPR has an average volume of 2618880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that CSPR is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- CSPR 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 CSPR 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.
CSPR Weekly and Daily overview Charts
CSPR Setup Rating and Analysis
Although CSPR has an excellent technical rating, it does not offer a high quality setup 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
CSPR Support and Resistance Analysis
3.56
2 important support areas can be observed.
- Support @5.38 from a trend line in the daily time frame.
- Support @3.60 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.79 to 6.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.92 from a horizontal line in the daily time frame.
CSPR Technical Indicator Signal Analysis
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 CSPR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CSPR is up. |
| ChartMill Relative Strength | 96.32 | POSITIVE | CSPR has a high relative strength, it outperformed 96.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSPR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CSPR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CSPR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.27 | NEUTRAL | The RSI value for CSPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CSPR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 86.21 | OVERBOUGHT | The high Stochastics value suggests CSPR may be overbought. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for CSPR suggests some volalility. |
CSPR Chart- and CandleStick Pattern Analysis
CSPR Technicals: Chart, Performance Metrics, Trend & Indicators
6.78
+0.48 (+7.62%)
Casper Sleep Inc / CSPR TA FAQ
What is the technical rating for CSPR stock?
ChartMill assigns a technical rating of 7 / 10 to CSPR.
Can you provide the trend direction for Casper Sleep Inc?
The current trend direction for Casper Sleep Inc (CSPR) is Bearish.
Can you provide the RSI signal for Casper Sleep Inc?
Casper Sleep Inc (CSPR) has an RSI value of 59.2698. This indicates that the stock is currently neutral.
What is the MACD signal for CSPR stock?
The MACD indicator for Casper Sleep Inc (CSPR) has a value of -0.0131083, indicating a bearish trend.
What is the support and resistance level for CSPR stock?
Casper Sleep Inc (CSPR) has a support level at 5.38 and a resistance level at 6.79. Check the full technical report for our detailed analysis of CSPR support and resistance levels.