CENTERSPACE (CSR) Stock Technical Analysis
NYSE:CSR - New York Stock Exchange, Inc. - US15202L1070 - REIT - Currency: USD
Overall CSR gets a technical rating of 5 out of 10. CSR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, CSR is a bad performer in the overall market: 67% of all stocks are doing better.
CSR is part of the Residential REITs industry. There are 20 other stocks in this industry, of which 63% are performing better than CSR.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CSR 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 CSR is lagging the market slightly.
In the last month CSR has a been trading in the 60.15 - 66.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CSR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
55.42
66.85
When analyzing the support we can see 3 important areas.
- A support zone ranging from 61.14 to 61.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @58.06 from a trend line in the weekly time frame.
- A support zone ranging from 55.98 to 56.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 63.86 to 66.19. 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 | NEUTRAL | NEUTRAL | The long term trend for CSR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CSR is up. |
| ChartMill Relative Strength | 33.76 | 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) | DOWN | MIXED | The current price of CSR is above 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) | 52.83 | NEUTRAL | The RSI value for CSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CSR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.73 | NEUTRAL | The Stochastics value for CSR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for CSR suggests some volalility. |
| Average Directional Index/ADX (14) | 13.01 | NEGATIVE | The low ADX value for CSR suggests a weak or negative 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)
63.52
-1.23 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-1.9%
1 Week-0.52%
2 Weeks-0.36%
1 Month0.71%
3 Month0.75%
6 Month-8.54%
12 Month-6.09%
2 Year3.52%
3 Year-22.11%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.64
ATR(20)%2.6%
ATR Inc-6.22%
Range Today2.07
ADR(20)1.64
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.76
Mansfield-0.9
10 Day High66.44
10 Day Low62.34
20 Day High66.44
20 Day Low60.15
52 Week High76.16
52 Week Low54.13
CS1 End61.45
CR1 Start63.86
Volume & EV
DER(3)0.01%
DER(5)0.66%
Volume58.50K
Volume Incr-28.56%
Vol(5)79.46K
Vol(50)107.22K