CONSTELLIUM SE (CSTM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CSTM - FR0013467479 - Common Stock
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.
Although CSTM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.27
6 important support areas can be observed.
- A support zone ranging from 19.60 to 19.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 18.85 to 19.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.34 from a trend line in the daily time frame.
- Support @15.96 from a trend line in the weekly time frame.
- Support @14.76 from a horizontal line in the daily time frame.
- Support @14.41 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 | 95.18 | POSITIVE | CSTM has a high relative strength, it outperformed 95.18% 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) | 77.2 | OVERBOUGHT | The high RSI value suggests CSTM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CSTM has a positive trend. |
| Stochastics (14,3) | 94.5 | OVERBOUGHT | The high Stochastics value suggests CSTM may be overbought. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for CSTM suggests some volalility. |
| Average Directional Index/ADX (14) | 44.77 | POSITIVE | The high ADX value value for CSTM suggests a strong trend. |
20.84
+0.59 (+2.91%)
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 77.1973. This indicates that the stock is currently overbought.
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.