CASTLE BIOSCIENCES INC (CSTL) Technical Analysis
NASDAQ:CSTL • US14843C1053
Current stock price
CSTL Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CSTL. CSTL'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, CSTL is a bad performer in the overall market: 82% of all stocks are doing better.
- In the last month CSTL has a been trading in the 21.79 - 26.68 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.
- CSTL is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, CSTL did better than 41% of them.
- CSTL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CSTL is lagging the market.
CSTL Weekly and Daily overview Charts
CSTL Setup Rating and Analysis
CSTL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 23.47, a Stop Loss order could be placed below this zone.
More info and screens
CSTL Support and Resistance Analysis
22.90
When analyzing the support we notice one important area.
- A support zone ranging from 23.13 to 23.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.05 to 25.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
CSTL Technical Indicator Signal Analysis
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 CSTL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CSTL is neutral. |
| ChartMill Relative Strength | 18.6 | NEGATIVE | CSTL has a low relative strength, it was outperformed by 81.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CSTL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CSTL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CSTL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.49 | NEUTRAL | The RSI value for CSTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests CSTL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.21 | NEUTRAL | The Stochastics value for CSTL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for CSTL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.72 | NEUTRAL | The ADX value for CSTL suggests a possible start of a new trend. |
CSTL Chart- and CandleStick Pattern Analysis
CSTL Technicals: Chart, Performance Metrics, Trend & Indicators
24.58
-0.58 (-2.31%)
CASTLE BIOSCIENCES INC / CSTL TA FAQ
What is the technical rating for CSTL stock?
ChartMill assigns a technical rating of 0 / 10 to CSTL.
What is the current trend direction of CASTLE BIOSCIENCES INC (CSTL) stock?
The current trend direction for CASTLE BIOSCIENCES INC (CSTL) is Bearish.
What is the RSI signal for CSTL stock?
CASTLE BIOSCIENCES INC (CSTL) has an RSI value of 43.4867. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CASTLE BIOSCIENCES INC?
The short term momentum for CASTLE BIOSCIENCES INC (CSTL) is neutral.