CASTLE BIOSCIENCES INC (CSTL) Stock Technical Analysis
NASDAQ:CSTL - Nasdaq - US14843C1053 - Common Stock - Currency: USD
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
90% of all other stocks performed better in the past year than CSTL.
CSTL is one of the lesser performing stocks in the Health Care Providers & Services industry. 77% of 102 stocks in the same industry do better.
CSTL is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CSTL is lagging the market.
In the last month CSTL has a been trading in the 15.66 - 20.82 range, which is quite wide. It is currently trading near the lows of this range.
CSTL has a poor technical rating and the quality of the setup is also 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
15.94
19.32
2 important resistance areas can be observed.
- Resistance @18.45 from a trend line in the daily time frame.
- A resistance zone ranging from 18.95 to 19.13. 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 CSTL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CSTL is down. |
| ChartMill Relative Strength | 10.84 | NEGATIVE | CSTL has a low relative strength, it was outperformed by 89.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CSTL is below 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) | DOWN | NEGATIVE | The current price of CSTL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.19 | NEUTRAL | The RSI value for CSTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CSTL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.46 | OVERSOLD | The low Stochastics value suggests CSTL may be oversold. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for CSTL suggests high volalility. |
| Average Directional Index/ADX (14) | 33.44 | POSITIVE | The high ADX value value for CSTL 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)
16.1
+0.21 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.32%
1 Week-3.88%
2 Weeks-4.08%
1 Month-21.96%
3 Month-37.48%
6 Month-45.99%
12 Month-33.94%
2 Year-34.1%
3 Year-27.71%
5 Year-58.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%5.2%
ATR Inc-54.74%
Range Today0.48
ADR(20)0.79
ADR(20)%4.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.84
Mansfield-3.69
10 Day High17.49
10 Day Low15.66
20 Day High20.82
20 Day Low15.66
52 Week High35.84
52 Week Low15.66
CS1 EndN/A
CR1 Start18.45
Volume & EV
DER(3)-2.51%
DER(5)-2.93%
Volume287.40K
Volume Incr-47.36%
Vol(5)295.40K
Vol(50)433.99K