Overall CSTL gets a technical rating of 9 out of 10. 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 and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 38.53, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
29.75
2 important support areas can be observed.
- A support zone ranging from 38.53 to 38.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.05 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 39.43 to 39.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.40 from a horizontal line in the daily 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 | 92.54 | POSITIVE | CSTL has a high relative strength, it outperformed 92.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CSTL is below 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) | 54.94 | NEUTRAL | The RSI value for CSTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests CSTL has a negative trend. |
| Stochastics (14,3) | 54.38 | NEUTRAL | The Stochastics value for CSTL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for CSTL suggests some volalility. |
| Average Directional Index/ADX (14) | 35.34 | POSITIVE | The high ADX value value for CSTL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 39.97 | 38.52 | 1.45 (3.63%) | 25.00% |
| An entry @39.97. This is a Buy Stop order right above the resistance zone. | An exit @38.52. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.45 points, which is 3.63%. | For a 0.91% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CSTL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
39.34
-0.55 (-1.38%)
CASTLE BIOSCIENCES INC / CSTL FAQ
What is the technical rating for CSTL stock?
ChartMill assigns a technical rating of 9 / 10 to CSTL.
Can you provide the trend direction for CASTLE BIOSCIENCES INC?
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 54.9351. This indicates that the stock is currently neutral.
What is the buy/sell signal for CASTLE BIOSCIENCES INC (CSTL) stock?
The buy/sell signal for CASTLE BIOSCIENCES INC (CSTL) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CSTL stock?
CASTLE BIOSCIENCES INC (CSTL) has a support level at 38.53 and a resistance level at 39.43. Check the full technical report for our detailed analysis of CSTL support and resistance levels.