CASTLE BIOSCIENCES INC (CSTL) Stock Technical Analysis
USA - NASDAQ:CSTL - US14843C1053 - Common Stock
Taking everything into account, CSTL scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CSTL has proven to be a steady performer, scoring decent points in every aspect analyzed.
CSTL has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.01
When analyzing the support we can see 4 important areas.
- A support zone ranging from 32.99 to 33.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.91 to 25.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.72 from a trend line in the daily time frame.
- Support @22.23 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @33.46 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for CSTL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CSTL is up. |
| ChartMill Relative Strength | 91.85 | POSITIVE | CSTL has a high relative strength, it outperformed 91.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSTL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CSTL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CSTL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.64 | OVERBOUGHT | The high RSI value suggests CSTL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests CSTL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.83 | OVERBOUGHT | The high Stochastics value suggests CSTL may be overbought. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for CSTL suggests some volalility. |
| Average Directional Index/ADX (14) | 43.84 | POSITIVE | The high ADX value value for CSTL suggests a strong trend. |
33.45
-0.67 (-1.96%)
CASTLE BIOSCIENCES INC / CSTL FAQ
What is the technical rating for CSTL stock?
ChartMill assigns a technical rating of 9 / 10 to CSTL.
What is the trend direction for CSTL stock?
The current trend direction for CASTLE BIOSCIENCES INC (CSTL) is Bullish.
Can you provide the RSI signal for CASTLE BIOSCIENCES INC?
CASTLE BIOSCIENCES INC (CSTL) has an RSI value of 73.6371. This indicates that the stock is currently overbought.
Can you provide the short term momentum for CASTLE BIOSCIENCES INC?
The short term momentum for CASTLE BIOSCIENCES INC (CSTL) is positive.
Can you provide the support and resistance levels for CASTLE BIOSCIENCES INC?
CASTLE BIOSCIENCES INC (CSTL) has a support level at 33.44 and a resistance level at 33.46. Check the full technical report for our detailed analysis of CSTL support and resistance levels.