We assign a technical rating of 1 out of 10 to CSTE. CSTE'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.
The technical rating of CSTE is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
1.35
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 CSTE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CSTE is neutral. |
| ChartMill Relative Strength | 8.26 | NEGATIVE | CSTE has a low relative strength, it was outperformed by 91.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSTE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CSTE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CSTE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.96 | NEUTRAL | The RSI value for CSTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CSTE has a positive trend. |
| Stochastics (14,3) | 56.15 | NEUTRAL | The Stochastics value for CSTE is a neutral value. |
| Average True Range in percent/ATR (20) | 9.02 | HIGH VOLATILITY | The high ATR as a percentage value for CSTE suggests high volalility. |
| Average Directional Index/ADX (14) | 19.65 | NEGATIVE | The low ADX value for CSTE suggests a weak or negative trend. |
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+0.2 (+17.24%)
ChartMill assigns a technical rating of 1 / 10 to CSTE.
The current trend direction for CAESARSTONE LTD (CSTE) is Bearish.
CAESARSTONE LTD (CSTE) has an RSI value of 65.9613. This indicates that the stock is currently neutral.
The MACD indicator for CAESARSTONE LTD (CSTE) has a value of 0.0444361, indicating a bearish trend.