CENTERSPACE (CSR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CSR - US15202L1070 - REIT
We assign a technical rating of 7 out of 10 to CSR. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CSR is only an average performer.
Besides having an excellent technical rating, CSR also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 66.74. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CSR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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56.43
We found 6 important support areas.
- A support zone ranging from 66.14 to 66.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 64.48 to 64.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @62.14 from a trend line in the daily time frame.
- Support @61.02 from a horizontal line in the daily time frame.
- Support @58.04 from a horizontal line in the weekly time frame.
- Support @57.00 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 66.74 to 67.73. 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 CSR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CSR is neutral. |
| ChartMill Relative Strength | 67.45 | NEUTRAL | CSR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CSR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CSR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.43 | NEUTRAL | The RSI value for CSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CSR has a negative trend. |
| Stochastics (14,3) | 69.09 | NEUTRAL | The Stochastics value for CSR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for CSR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.24 | NEGATIVE | The low ADX value for CSR suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 67.74 | 66.13 | 1.61 (2.38%) | 25.00% |
| An entry @67.74. This is a Buy Stop order right above the resistance zone. | An exit @66.13. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.61 points, which is 2.38%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.59%. |
- The distance between exit and entry is rather small compared to the average daily movement of CSR. Please evaluate whether better entry and exit points can be found.
- 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.
66.58
-0.42 (-0.63%)
CENTERSPACE / CSR FAQ
What is the ChartMill technical rating of CENTERSPACE (CSR) stock?
ChartMill assigns a technical rating of 7 / 10 to CSR.
What is the current trend direction of CENTERSPACE (CSR) stock?
The current trend direction for CENTERSPACE (CSR) is Bullish.
What is the RSI signal for CENTERSPACE (CSR) stock?
CENTERSPACE (CSR) has an RSI value of 54.4322. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CENTERSPACE?
The short term momentum for CENTERSPACE (CSR) is neutral.