CENTERSPACE (CSR) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CSR • US15202L1070
We assign a technical rating of 3 out of 10 to CSR. CSR has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month CSR has a been trading in the 63.41 - 67.74 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- CSR is one of the better performing stocks in the Residential REITs industry, it outperforms 94% of 20 stocks in the same industry.
- CSR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CSR is lagging the market slightly.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When compared to the yearly performance of all other stocks, CSR outperforms 54% of them, which is more or less in line with the market.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CSR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 64.13, a Stop Loss order could be placed below this zone.
More info and screens
57.45
3 important support areas can be observed.
- A support zone ranging from 63.72 to 64.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @61.42 from a trend line in the daily time frame.
- Support @58.03 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 64.40 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 | DOWN | NEGATIVE | The short term trend for CSR is down. |
| ChartMill Relative Strength | 54.35 | NEUTRAL | CSR is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of CSR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.79 | NEUTRAL | The RSI value for CSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CSR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.88 | NEUTRAL | The Stochastics value for CSR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for CSR suggests some volalility. |
| Average Directional Index/ADX (14) | 10.01 | NEGATIVE | The low ADX value for CSR suggests a weak or negative trend. |
64.25
-0.02 (-0.03%)
CENTERSPACE / CSR FAQ
What is the ChartMill technical rating of CENTERSPACE (CSR) stock?
ChartMill assigns a technical rating of 3 / 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 45.7889. 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 negative.
Can you provide the buy/sell signal for CENTERSPACE?
The buy/sell signal for CENTERSPACE (CSR) is hold as the short term and long term trends are mixed.