CARRIAGE SERVICES INC (CSV) Technical Analysis
NYSE:CSV • US1439051079
Current stock price
CSV Technical Rating and Analysis
Taking everything into account, CSV scores 7 out of 10 in our technical rating. CSV has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- CSV is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 81% of 73 stocks in the same industry.
- CSV is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CSV is performing more or less in line with the market.
- In the last month CSV has a been trading in the 41.34 - 46.49 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that CSV is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CSV Weekly and Daily overview Charts
CSV Setup Rating and Analysis
Although CSV has an excellent technical rating, the quality of the presented setup is not ideal 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
CSV Support and Resistance Analysis
40.31
2 important support areas can be observed.
- A support zone ranging from 43.44 to 44.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.72 to 41.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @46.91 from a horizontal line in the daily time frame.
CSV 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 CSV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CSV is up. |
| ChartMill Relative Strength | 72.14 | POSITIVE | CSV has a high relative strength, it outperformed 72.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CSV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CSV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.71 | NEUTRAL | The RSI value for CSV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests CSV has a positive trend. |
| Stochastics (14,3) | 93.46 | OVERBOUGHT | The high Stochastics value suggests CSV may be overbought. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for CSV suggests some volalility. |
| Average Directional Index/ADX (14) | 19.82 | NEGATIVE | The low ADX value for CSV suggests a weak or negative trend. |
CSV Chart- and CandleStick Pattern Analysis
CSV Technicals: Chart, Performance Metrics, Trend & Indicators
46.48
+1.01 (+2.22%)
CARRIAGE SERVICES INC / CSV TA FAQ
What is the technical rating for CSV stock?
ChartMill assigns a technical rating of 7 / 10 to CSV.
What is the trend direction for CSV stock?
The current trend direction for CARRIAGE SERVICES INC (CSV) is Bearish.
What is the RSI signal for CARRIAGE SERVICES INC (CSV) stock?
CARRIAGE SERVICES INC (CSV) has an RSI value of 67.7122. This indicates that the stock is currently neutral.
What is the MACD signal for CARRIAGE SERVICES INC (CSV) stock?
The MACD indicator for CARRIAGE SERVICES INC (CSV) has a value of 0.40908, indicating a bearish trend.