CENTERSPACE (CSR) Technical Analysis
NYSE:CSR • US15202L1070
We assign a technical rating of 0 out of 10 to CSR. CSR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 70% of all other stocks performed better in the past year than CSR.
- CSR is one of the better performing stocks in the Residential REITs industry, it outperforms 78% of 20 stocks in the same industry.
- In the last month CSR has a been trading in the 60.42 - 65.12 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- CSR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CSR is lagging the market.
Although the technical rating is bad, CSR does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 62.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 62.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CSR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
60.41
We found 1 important support area.
- Support @61.02 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 61.77 to 65.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 66.87 to 67.73. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The short term trend for CSR is down. |
| ChartMill Relative Strength | 30.22 | 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) | DOWN | MIXED | The current price of CSR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.55 | NEUTRAL | The RSI value for CSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CSR has a positive trend. |
| Stochastics (14,3) | 48.84 | NEUTRAL | The Stochastics value for CSR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for CSR suggests some volalility. |
| Average Directional Index/ADX (14) | 11.35 | NEGATIVE | The low ADX value for CSR suggests a weak or negative trend. |
CSR Technicals: Chart, Performance Metrics, Trend & Indicators
61.73
-0.96 (-1.53%)
CENTERSPACE / CSR FAQ
What is the ChartMill technical rating of CENTERSPACE (CSR) stock?
ChartMill assigns a technical rating of 0 / 10 to CSR.
What is the current trend direction of CENTERSPACE (CSR) stock?
The current trend direction for CENTERSPACE (CSR) is Bearish.
What is the RSI signal for CENTERSPACE (CSR) stock?
CENTERSPACE (CSR) has an RSI value of 45.5457. 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.