CARRIAGE SERVICES INC (CSV) Technical Analysis
NYSE:CSV • US1439051079
Current stock price
CSV Technical Rating and Analysis
Taking everything into account, CSV scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CSV is only an average performer.
- The long and short term trends are both positive. This is looking good!
- CSV is part of the Diversified Consumer Services industry. There are 73 other stocks in this industry. CSV outperforms 77% of them.
- 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 - 46.79 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, CSV outperforms 69% of them, which is more or less in line with the market.
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 43.71 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 42.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance 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 | UP | POSITIVE | The long term trend for CSV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CSV is up. |
| ChartMill Relative Strength | 69.48 | 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) | 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) | 64.2 | NEUTRAL | The RSI value for CSV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests CSV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.7 | OVERBOUGHT | The high Stochastics value suggests CSV may be overbought. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for CSV suggests some volalility. |
| Average Directional Index/ADX (14) | 20.68 | NEUTRAL | The ADX value for CSV suggests a possible start of a new trend. |
CSV Chart- and CandleStick Pattern Analysis
CSV Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 46.92 | 42.22 | 4.70 (10.02%) | 9.98% |
| An entry @46.92. This is a Buy Stop order right above the resistance zone. | An exit @42.22. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.70 points, which is 10.02%. | For a 1.00% total portfolio risk, you can invest 9.98% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CSV Technicals: Chart, Performance Metrics, Trend & Indicators
46.34
+0.61 (+1.33%)
CARRIAGE SERVICES INC / CSV TA FAQ
What is the technical rating for CSV stock?
ChartMill assigns a technical rating of 8 / 10 to CSV.
What is the trend direction for CSV stock?
The current trend direction for CARRIAGE SERVICES INC (CSV) is Bullish.
What is the RSI signal for CARRIAGE SERVICES INC (CSV) stock?
CARRIAGE SERVICES INC (CSV) has an RSI value of 64.2005. 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 0.365657, indicating a bearish trend.
What is the buy/sell signal for CSV stock?
The buy/sell signal for CARRIAGE SERVICES INC (CSV) is buy as both the short term and long term trends are positive.