CSTR Technical Analysis - CRYPTOSTAR CORP

Technical Rating and Analysis

Overall CSTR gets a technical rating of 3 out of 10. CSTR'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.

When comparing the yearly performance of all stocks, CSTR is a bad performer in the overall market: 93% of all stocks are doing better.

CSTR is one of the lesser performing stocks in the IT Services industry. 83% of 13 stocks in the same industry do better.

CSTR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

The long and short term trends are both neutral. This gives a pretty neutral overall picture!

In the last month CSTR has a been trading in the 0.01 - 0.03 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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

CRYPTOSTAR CORP / CSTR Weekly stock chart

CRYPTOSTAR CORP / CSTR Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, CSTR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.01, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.01

0.02

We found 1 important support area.

A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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	NEUTRAL	NEUTRAL	The long term trend for CSTR.CA is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for CSTR.CA is neutral.
ChartMill Relative Strength	7.39	NEGATIVE	CSTR.CA has a low relative strength, it was outperformed by 92.61% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of CSTR.CA is below the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of CSTR.CA is above a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of CSTR.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)	48.13	NEUTRAL	The RSI value for CSTR.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests CSTR.CA has a negative trend.
Stochastics (14,3)	16.67	OVERSOLD	The low Stochastics value suggests CSTR.CA may be oversold.
Average True Range in percent/ATR (20)	28.33	HIGH VOLATILITY	The high ATR as a percentage value for CSTR.CA suggests high volalility.
Average Directional Index/ADX (14)	43.92	POSITIVE	The high ADX value value for CSTR.CA suggests a strong trend.