CARRIAGE SERVICES INC (CSV) Stock Technical Analysis
NYSE:CSV - US1439051079 - Common Stock
44.53 USD
-1.06 (-2.33%)
44.53 USD
0 (0%)
We assign a technical rating of 5 out of 10 to CSV. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month CSV has a been trading in the 44.31 - 49.41 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, CSV did better than 79% of all other stocks. On top of that, CSV also shows a nice and consistent pattern of rising prices.
CSV 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 CSV is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CSV is part of the Diversified Consumer Services industry. There are 71 other stocks in this industry, CSV did better than 67% of them.
Although the technical rating is only medium, CSV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 44.52, a Stop Loss order could be placed below this zone.
More info and screens
43.17
46.50
2 important support areas can be observed.
- A support zone ranging from 44.52 to 44.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 43.61 to 43.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.80 to 46.04. This zone is formed by a combination of multiple trend lines and important moving averages 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 CSV is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CSV is down. |
| ChartMill Relative Strength | 79.73 | POSITIVE | CSV has a high relative strength, it outperformed 79.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CSV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CSV is below 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) | 40.46 | NEUTRAL | The RSI value for CSV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests CSV has a negative trend. |
| Stochastics (14,3) | 7.74 | OVERSOLD | The low Stochastics value suggests CSV may be oversold. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for CSV suggests some volalility. |
| Average Directional Index/ADX (14) | 18.04 | NEGATIVE | The low ADX value for CSV suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
44.53
-1.06 (-2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-2.33%
1 Week-1.98%
2 Weeks-6.23%
1 Month-1.92%
3 Month2.37%
6 Month11.02%
12 Month34.33%
2 Year44.48%
3 Year25.76%
5 Year101.13%
10 Year94.03%
15 Year889.56%
Volatility
ATR(14)1.4
ATR(20)%2.88%
ATR Inc-7.39%
Range Today1.27
ADR(20)1.23
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.73
Mansfield0.2
10 Day High48.64
10 Day Low44.52
20 Day High49.41
20 Day Low44.31
52 Week High49.41
52 Week Low30.15
CS1 End44.52
CR1 Start45.8
Volume & EV
DER(3)1.18%
DER(5)0.62%
Volume105.80K
Volume Incr-32.43%
Vol(5)76.38K
Vol(50)94.34K