CARRIAGE SERVICES INC (CSV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CSV - US1439051079 - Common Stock
Taking everything into account, CSV scores 4 out of 10 in our technical rating. CSV has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
CSV has an average technical rating and it also does not offer a high quality setup 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
40.31
We found 2 important support areas.
- A support zone ranging from 42.38 to 43.50. 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.
We can see 2 important resistance 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 | UP | POSITIVE | The short term trend for CSV is up. |
| ChartMill Relative Strength | 55.92 | 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) | 59.69 | NEUTRAL | The RSI value for CSV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests CSV has a positive trend. |
| Stochastics (14,3) | 83.55 | OVERBOUGHT | The high Stochastics value suggests CSV may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for CSV suggests some volalility. |
| Average Directional Index/ADX (14) | 17.92 | NEGATIVE | The low ADX value for CSV suggests a weak or negative trend. |
43.88
-0.25 (-0.57%)
CARRIAGE SERVICES INC / CSV FAQ
What is the technical rating for CSV stock?
ChartMill assigns a technical rating of 4 / 10 to CSV.
Can you provide the trend direction for CARRIAGE SERVICES INC?
The current trend direction for CARRIAGE SERVICES INC (CSV) is Bearish.
What is the RSI signal for CSV stock?
CARRIAGE SERVICES INC (CSV) has an RSI value of 59.6933. This indicates that the stock is currently neutral.
What is the support and resistance level for CSV stock?
CARRIAGE SERVICES INC (CSV) has a support level at 43.5 and a resistance level at 46.91. Check the full technical report for our detailed analysis of CSV support and resistance levels.