CENTERSPACE (CSR) Stock Technical Analysis
NYSE:CSR - New York Stock Exchange, Inc. - US15202L1070 - REIT - Currency: USD
We assign a technical rating of 0 out of 10 to CSR. CSR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CSR is a bad performer in the overall market: 89% of all stocks are doing better.
CSR is part of the Residential REITs industry. There are 20 other stocks in this industry, of which 100% are performing better than CSR.
CSR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CSR has a been trading in the 52.76 - 60.61 range, which is quite wide. It is currently trading near the lows of this range.
CSR has a poor technical rating and the quality of the setup is also 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
52.64
66.85
We found 1 important support area.
- A support zone ranging from 53.17 to 53.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 60.10 to 61.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @62.41 from a trend line in the daily time frame.
- A resistance zone ranging from 64.75 to 64.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @66.19 from a horizontal line in the daily time frame.
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 CSR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CSR is down. |
| ChartMill Relative Strength | 11.8 | NEGATIVE | CSR has a low relative strength, it was outperformed by 88.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CSR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CSR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CSR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.01 | OVERSOLD | The low RSI value suggests CSR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests CSR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.77 | OVERSOLD | The low Stochastics value suggests CSR may be oversold. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for CSR suggests some volalility. |
| Average Directional Index/ADX (14) | 35.63 | POSITIVE | The high ADX value value for CSR suggests a strong 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)
53.51
-0.51 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.94%
1 Week-1.27%
2 Weeks-7.1%
1 Month-10.94%
3 Month-12.82%
6 Month-13.23%
12 Month-24.74%
2 Year-17.35%
3 Year-29.01%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.59
ATR(20)%2.7%
ATR Inc-9.29%
Range Today1.07
ADR(20)1.43
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.8
Mansfield-2.49
10 Day High58.28
10 Day Low52.76
20 Day High60.61
20 Day Low52.76
52 Week High76.16
52 Week Low52.76
CS1 End53.5
CR1 Start60.1
Volume & EV
DER(3)-1.65%
DER(5)-2.57%
Volume76.70K
Volume Incr19.31%
Vol(5)135.34K
Vol(50)113.29K