CANTALOUPE INC (CTLP) Stock Technical Analysis
USA - NASDAQ:CTLP - US1381031061 - Common Stock
10.55 USD
0 (0%)
10.55 USD
0 (0%)
We assign a technical rating of 3 out of 10 to CTLP. In the last year, CTLP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
CTLP is one of the better performing stocks in the Financial Services industry, it outperforms 84% of 101 stocks in the same industry.
CTLP 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 CTLP is lagging the market slightly.
CTLP has an average volume of 2027210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, CTLP did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month CTLP has a been trading in a tight range between 10.54 and 10.93.
The technical rating of CTLP is bad and it also does not present a 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
8.37
11.27
2 important support areas can be observed.
- A support zone ranging from 10.54 to 10.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.45 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.59 to 10.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.07 to 11.16. 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 | 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 | 79.67 | POSITIVE | CTLP has a high relative strength, it outperformed 79.67% 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) | 26.54 | OVERSOLD | The low RSI value suggests CTLP may be oversold. |
| 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) | 1.73 | OVERSOLD | The low Stochastics value suggests CTLP may be oversold. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for CTLP suggests low volalility. |
| Average Directional Index/ADX (14) | 28.64 | 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)
10.55
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0%
1 Week-0.75%
2 Weeks-2.31%
1 Month-2.68%
3 Month-4.09%
6 Month39.37%
12 Month42.18%
2 Year68.8%
3 Year203.16%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.66%
ATR Inc-56.64%
Range Today0.04
ADR(20)0.06
ADR(20)%0.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.67
Mansfield0.2
10 Day High10.93
10 Day Low10.54
20 Day High10.93
20 Day Low10.54
52 Week High11.36
52 Week Low7.01
CS1 End10.54
CR1 Start10.59
Volume & EV
DER(3)4.58%
DER(5)3.36%
Volume1.50M
Volume Incr-28.27%
Vol(5)1.55M
Vol(50)2.03M