CANTALOUPE INC (CTLP) Stock Technical Analysis
USA - NASDAQ:CTLP - US1381031061 - Common Stock
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. We are getting mixed signals now in both the short and medium term picture.
CTLP has a bad 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 10.54, a Stop Loss order could be placed below this zone.
More info and screens
8.51
We found 2 important support areas.
- 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 @8.60 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.59 to 10.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.12 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 | 59.38 | NEUTRAL | CTLP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CTLP is below the rising 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) | 43.14 | NEUTRAL | The RSI value for CTLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CTLP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 20.83 | NEUTRAL | The Stochastics value for CTLP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for CTLP suggests low volalility. |
| Average Directional Index/ADX (14) | 17.59 | NEGATIVE | The low ADX value for CTLP suggests a weak or negative trend. |
10.58
+0.02 (+0.19%)
CANTALOUPE INC / CTLP FAQ
What is the ChartMill technical rating of CANTALOUPE INC (CTLP) stock?
ChartMill assigns a technical rating of 3 / 10 to CTLP.
What is the trend direction for CTLP stock?
The current trend direction for CANTALOUPE INC (CTLP) is Bullish.
What is the RSI signal for CANTALOUPE INC (CTLP) stock?
CANTALOUPE INC (CTLP) has an RSI value of 43.1353. This indicates that the stock is currently neutral.
What is the short term momentum for CANTALOUPE INC (CTLP) stock?
The short term momentum for CANTALOUPE INC (CTLP) is negative.
Can you provide the support and resistance levels for CANTALOUPE INC?
CANTALOUPE INC (CTLP) has a support level at 10.54 and a resistance level at 10.59. Check the full technical report for our detailed analysis of CTLP support and resistance levels.