CULP INC (CULP) Stock Technical Analysis
NYSE:CULP - New York Stock Exchange, Inc. - US2302151053 - Common Stock - Currency: USD
Overall CULP gets a technical rating of 1 out of 10. CULP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CULP is a bad performer in the overall market: 86% of all stocks are doing better.
CULP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: CULP has an average volume of 14124 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CULP is part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry, CULP did better than 42% of them.
In the last month CULP has a been trading in the 3.75 - 4.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CULP 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 resistance zone just above the current price starting at 4.26. Right above this resistance zone may be a good entry point.
More info and screens
3.92
5.30
4 important resistance areas can be observed.
- A resistance zone ranging from 4.26 to 4.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.73 from a trend line in the weekly time frame.
- Resistance @5.05 from a trend line in the daily time frame.
- A resistance zone ranging from 5.25 to 5.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for CULP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CULP is down. |
| ChartMill Relative Strength | 14.87 | NEGATIVE | CULP has a low relative strength, it was outperformed by 85.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CULP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CULP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CULP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.44 | NEUTRAL | The RSI value for CULP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CULP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.48 | NEUTRAL | The Stochastics value for CULP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for CULP suggests some volalility. |
| Average Directional Index/ADX (14) | 19.44 | NEGATIVE | The low ADX value for CULP suggests a weak or negative 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)
3.96
+0.08 (+2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg2.06%
1 Week1.02%
2 Weeks1.54%
1 Month-5.26%
3 Month-23.99%
6 Month-32.42%
12 Month-11.61%
2 Year-20.32%
3 Year-7.91%
5 Year-54.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%4.19%
ATR Inc-23.63%
Range Today0.14
ADR(20)0.16
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.87
Mansfield-2.5
10 Day High4.12
10 Day Low3.75
20 Day High4.28
20 Day Low3.75
52 Week High6.85
52 Week Low3.42
CS1 EndN/A
CR1 Start4.26
Volume & EV
DER(3)1.15%
DER(5)-0.47%
Volume20.70K
Volume Incr24.86%
Vol(5)17.68K
Vol(50)14.12K