CONSTELLIUM SE (CSTM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CSTM - FR0013467479 - Common Stock
Overall CSTM gets a technical rating of 10 out of 10. 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.
- The long and short term trends are both positive. This is looking good!
- 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 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.
- In the last month CSTM has a been trading in the 18.08 - 23.00 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- CSTM has an average volume of 1242450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CSTM is an average performer in the Metals & Mining industry, it outperforms 57% of 157 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CSTM has an excellent technical rating, it does not offer a high quality setup 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
14.27
When analyzing the support we can see 6 important areas.
- A support zone ranging from 20.09 to 20.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @18.85 from a horizontal line in the daily time frame.
- Support @16.57 from a trend line in the daily time frame.
- Support @16.08 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.
We found 1 important resistance area.
- Resistance @22.17 from a horizontal line in the weekly 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 | 95.5 | POSITIVE | CSTM has a high relative strength, it outperformed 95.5% 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) | 73.33 | OVERBOUGHT | The high RSI value suggests CSTM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests CSTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.09 | OVERBOUGHT | The high Stochastics value suggests CSTM may be overbought. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for CSTM suggests some volalility. |
| Average Directional Index/ADX (14) | 52.58 | POSITIVE | The high ADX value value for CSTM suggests a strong trend. |
22.16
-0.76 (-3.32%)
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 73.3296. 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.