CARRIAGE SERVICES INC (CSV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CSV - US1439051079 - Common Stock
Overall CSV gets a technical rating of 3 out of 10. CSV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, CSV does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 43.15, a Stop Loss order could be placed below this zone.
More info and screens
40.31
When analyzing the support we can see 2 important areas.
- A support zone ranging from 42.55 to 43.15. 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 41.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @46.91 from a horizontal line in the daily time frame.
- A resistance zone ranging from 48.16 to 48.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for CSV is neutral. |
| ChartMill Relative Strength | 55.14 | NEUTRAL | CSV is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of CSV is above a declining 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) | 60.87 | NEUTRAL | The RSI value for CSV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests CSV has a positive trend. |
| Stochastics (14,3) | 58.1 | NEUTRAL | The Stochastics value for CSV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for CSV suggests some volalility. |
| Average Directional Index/ADX (14) | 13.36 | NEGATIVE | The low ADX value for CSV suggests a weak or negative trend. |
44.23
+1.19 (+2.76%)
CARRIAGE SERVICES INC / CSV FAQ
What is the technical rating for CSV stock?
ChartMill assigns a technical rating of 3 / 10 to CSV.
What is the trend direction for CSV stock?
The current trend direction for CARRIAGE SERVICES INC (CSV) is Bearish.
Can you provide the RSI signal for CARRIAGE SERVICES INC?
CARRIAGE SERVICES INC (CSV) has an RSI value of 60.8713. 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 0.100551, indicating a bearish trend.
What are the support and resistance levels for CARRIAGE SERVICES INC (CSV) stock?
CARRIAGE SERVICES INC (CSV) has a support level at 43.15 and a resistance level at 46.91. Check the full technical report for our detailed analysis of CSV support and resistance levels.