CONSTELLIUM SE (CSTM) Stock Technical Analysis
NYSE:CSTM • FR0013467479
Taking everything into account, CSTM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CSTM is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that CSTM is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, CSTM also shows a nice and consistent pattern of rising prices.
- CSTM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- CSTM has an average volume of 1631950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CSTM is part of the Metals & Mining industry. There are 157 other stocks in this industry, CSTM did better than 66% of them.
- In the last month CSTM has a been trading in the 21.95 - 27.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
CSTM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 23.98, a Stop Loss order could be placed below this zone.
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14.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 23.29 to 23.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.32 from a trend line in the daily time frame.
- Support @14.76 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 CSTM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CSTM is up. |
| ChartMill Relative Strength | 96.85 | POSITIVE | CSTM has a high relative strength, it outperformed 96.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSTM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CSTM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CSTM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.43 | NEUTRAL | The RSI value for CSTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CSTM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.85 | NEUTRAL | The Stochastics value for CSTM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.97 | MEDIUM VOLATILITY | The ATR as a percentage value for CSTM suggests some volalility. |
| Average Directional Index/ADX (14) | 42.62 | POSITIVE | The high ADX value value for CSTM 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 |
|---|---|---|---|
| 27.26 | 23.28 | 3.98 (14.60%) | 6.85% |
| An entry @27.26. This is a Buy Stop order right above the 10 day high. | An exit @23.28. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.98 points, which is 14.60%. | When investing 6.85% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
25.44
-0.37 (-1.43%)
CONSTELLIUM SE / CSTM FAQ
What is the ChartMill technical rating of CONSTELLIUM SE (CSTM) stock?
ChartMill assigns a technical rating of 10 / 10 to CSTM.
What is the current trend direction of CONSTELLIUM SE (CSTM) stock?
The current trend direction for CONSTELLIUM SE (CSTM) is Bullish.
What is the RSI signal for CSTM stock?
CONSTELLIUM SE (CSTM) has an RSI value of 64.4295. This indicates that the stock is currently neutral.
What is the short term momentum for CSTM stock?
The short term momentum for CONSTELLIUM SE (CSTM) is positive.
What is the buy/sell signal for CONSTELLIUM SE (CSTM) stock?
The buy/sell signal for CONSTELLIUM SE (CSTM) is buy as both the short term and long term trends are positive.