CAESARSTONE LTD (CSTE) Stock Technical Analysis
USA - NASDAQ:CSTE - IL0011259137 - Common Stock
1.51 USD
+0.04 (+2.72%)
1.48 USD
-0.03 (-1.99%)
Overall CSTE gets a technical rating of 1 out of 10. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CSTE is a bad performer in the overall market: 95% of all stocks are doing better.
CSTE is part of the Building Products industry. There are 41 other stocks in this industry, of which 82% are performing better than CSTE.
CSTE 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 CSTE has a been trading in the 1.42 - 1.80 range, which is quite wide. It is currently trading near the lows of this range.
CSTE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CSTE in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.36
1.63
We found 1 important support area.
- A support zone ranging from 1.37 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.52 to 1.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.60 to 1.61. 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 | 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 | 5.06 | NEGATIVE | CSTE has a low relative strength, it was outperformed by 94.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CSTE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CSTE is below 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) | 48.31 | NEUTRAL | The RSI value for CSTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CSTE has a negative trend. |
| Stochastics (14,3) | 21.76 | NEUTRAL | The Stochastics value for CSTE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.62 | HIGH VOLATILITY | The high ATR as a percentage value for CSTE suggests high volalility. |
| Average Directional Index/ADX (14) | 31.89 | POSITIVE | The high ADX value value for CSTE 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)
1.51
+0.04 (+2.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg2.72%
1 Week-4.43%
2 Weeks0.67%
1 Month7.86%
3 Month-10.12%
6 Month-49.83%
12 Month-66.14%
2 Year-62.44%
3 Year-83%
5 Year-84.35%
10 Year-95.75%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%8.62%
ATR Inc-19.59%
Range Today0.08
ADR(20)0.13
ADR(20)%8.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.06
Mansfield-5.22
10 Day High1.7
10 Day Low1.46
20 Day High1.8
20 Day Low1.42
52 Week High5.04
52 Week Low1.35
CS1 End1.39
CR1 Start1.52
Volume & EV
DER(3)-4.32%
DER(5)3.61%
Volume22.50K
Volume Incr-23.53%
Vol(5)51.44K
Vol(50)58.37K