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.
- Looking at the yearly performance, CSTM did better than 95% of all other stocks. We also observe that the gains produced by CSTM over the past year are nicely spread over this period.
- CSTM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CSTM is lagging the market slightly.
- CSTM has an average volume of 1781210 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 51% 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. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 24.88, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
14.61
When analyzing the support we can see 4 important areas.
- A support zone ranging from 24.36 to 24.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.29 from a horizontal line in the daily time frame.
- Support @16.45 from a trend line in the daily time frame.
- Support @14.76 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @25.99 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 | 95.33 | POSITIVE | CSTM has a high relative strength, it outperformed 95.33% 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) | 55.85 | NEUTRAL | The RSI value for CSTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests CSTM has a negative trend. |
| Stochastics (14,3) | 66.73 | NEUTRAL | The Stochastics value for CSTM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for CSTM suggests high volalility. |
| Average Directional Index/ADX (14) | 38.5 | 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 |
|---|---|---|---|
| 26.00 | 24.35 | 1.65 (6.35%) | 15.76% |
| An entry @26.00. This is a Buy Stop order right above the resistance zone. | An exit @24.35. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.65 points, which is 6.35%. | For a 1.00% total portfolio risk, you can invest 15.76% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CSTM. 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.
24.89
-1.06 (-4.08%)
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 55.8547. 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.