CANTALOUPE INC (CTLP) Stock Technical Analysis
NASDAQ:CTLP - US1381031061 - Common Stock
10.87 USD
+0.03 (+0.28%)
10.87 USD
0 (0%)
We assign a technical rating of 6 out of 10 to CTLP. 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.
When comparing the yearly performance of all stocks, we notice that CTLP is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by CTLP over the past year are nicely spread over this period.
CTLP is one of the better performing stocks in the Financial Services industry, it outperforms 90% of 102 stocks in the same industry.
CTLP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CTLP has an average volume of 1822040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month CTLP has a been trading in a tight range between 10.79 and 11.10.
Considerably lower volume is observed in the last couple of days.
CTLP has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 10.86, a Stop Loss order could be placed below this zone.
More info and screens
8.21
11.27
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.83 to 10.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.29 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.87 to 11.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for CTLP is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTLP is down. |
| ChartMill Relative Strength | 90.52 | POSITIVE | CTLP has a high relative strength, it outperformed 90.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTLP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTLP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTLP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.99 | NEUTRAL | The RSI value for CTLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CTLP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.94 | NEUTRAL | The Stochastics value for CTLP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.52 | LOW VOLATILITY | The low ATR as a percentage value for CTLP suggests low volalility. |
| Average Directional Index/ADX (14) | 29.52 | POSITIVE | The high ADX value value for CTLP suggests a strong 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)
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 |
|---|---|---|---|
| 10.97 | 10.82 | 0.15 (1.37%) | 25.00% |
| An entry @10.97. This is a Buy Stop order right above the 10 day high. | An exit @10.82. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.15 points, which is 1.37%. | For a 0.34% total portfolio risk, you can invest 25.00% 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.
10.87
+0.03 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.28%
1 Week0%
2 Weeks-0.46%
1 Month-1.81%
3 Month29.87%
6 Month10.69%
12 Month57.08%
2 Year37.25%
3 Year70.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%0.52%
ATR Inc-57.14%
Range Today0.03
ADR(20)0.05
ADR(20)%0.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.52
Mansfield1.01
10 Day High10.96
10 Day Low10.83
20 Day High11.1
20 Day Low10.79
52 Week High11.36
52 Week Low5.82
CS1 End10.86
CR1 Start10.87
Volume & EV
DER(3)-4.35%
DER(5)-1.76%
Volume595.20K
Volume Incr-50.37%
Vol(5)1.06M
Vol(50)1.82M