CASTLE BIOSCIENCES INC (CSTL) Stock Technical Analysis
NASDAQ:CSTL - Nasdaq - US14843C1053 - Common Stock - Currency: USD
Taking everything into account, CSTL scores 0 out of 10 in our technical rating. 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 negative, as is the long term trend. There should be more interesting stocks out there.
91% of all other stocks performed better in the past year than CSTL.
CSTL is part of the Health Care Providers & Services industry. There are 103 other stocks in this industry, of which 69% are performing better than CSTL.
CSTL 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 CSTL has a been trading in the 16.41 - 20.63 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of CSTL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.64
20.20
We found 2 important support areas.
- Support @16.27 from a trend line in the weekly time frame.
- A support zone ranging from 15.80 to 15.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 19.35 to 19.35. 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 19.99 to 20.00. This zone is formed by a combination of multiple trend lines 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 | 9.52 | NEGATIVE | CSTL has a low relative strength, it was outperformed by 90.48% 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) | 29.91 | OVERSOLD | The low RSI value suggests CSTL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests CSTL has a negative trend. |
| Stochastics (14,3) | 6.43 | OVERSOLD | The low Stochastics value suggests CSTL may be oversold. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for CSTL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.48 | NEUTRAL | The ADX value for CSTL suggests a possible start of a new 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)
16.54
-0.85 (-4.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-4.89%
1 Week-15.87%
2 Weeks-18.52%
1 Month-12.53%
3 Month-23.11%
6 Month-33.68%
12 Month-16.97%
2 Year-1.84%
3 Year-40.84%
5 Year-57.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%4.53%
ATR Inc119.49%
Range Today1.31
ADR(20)0.75
ADR(20)%4.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.52
Mansfield-3.84
10 Day High20.32
10 Day Low16.41
20 Day High20.63
20 Day Low16.41
52 Week High35.84
52 Week Low15.45
CS1 End16.27
CR1 Start19.35
Volume & EV
DER(3)-4.08%
DER(5)-1.63%
Volume463.65K
Volume Incr-21.74%
Vol(5)346.56K
Vol(50)421.12K