CANTALOUPE INC (CTLP) Stock Technical Analysis
NASDAQ:CTLP - Nasdaq - US1381031061 - Common Stock - Currency: USD
Overall CTLP gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CTLP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CTLP is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by CTLP over the past year are nicely spread over this period.
CTLP is part of the Financial Services industry. There are 99 other stocks in this industry. CTLP outperforms 93% of them.
CTLP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CTLP is leading the market.
In the last month CTLP has a been trading in the 8.11 - 11.01 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CTLP has an average volume of 1364270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CTLP has an excellent technical rating, it 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
7.82
11.27
We found 3 important support areas.
- A support zone ranging from 8.50 to 8.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.18 from a trend line in the daily time frame.
- Support @7.90 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.00 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 | UP | POSITIVE | The short term trend for CTLP is up. |
| ChartMill Relative Strength | 94.79 | POSITIVE | CTLP has a high relative strength, it outperformed 94.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTLP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTLP is above the rising 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) | 74.71 | OVERBOUGHT | The high RSI value suggests CTLP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests CTLP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.2 | OVERBOUGHT | The high Stochastics value suggests CTLP may be overbought. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for CTLP suggests some volalility. |
| Average Directional Index/ADX (14) | 37.43 | 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)
10.99
+0.01 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.09%
1 Week14.48%
2 Weeks27.94%
1 Month30.52%
3 Month38.94%
6 Month14.72%
12 Month66.77%
2 Year38.07%
3 Year96.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%4.21%
ATR Inc-93.64%
Range Today0.03
ADR(20)0.39
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.79
Mansfield2.86
10 Day High11.01
10 Day Low8.63
20 Day High11.01
20 Day Low8.11
52 Week High11.36
52 Week Low5.82
CS1 End8.53
CR1 Start11
Volume & EV
DER(3)-1.12%
DER(5)-2.25%
Volume2.71M
Volume Incr768.65%
Vol(5)7.65M
Vol(50)1.36M