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 5 out of 10. In the past year, CULP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
62% of all other stocks performed better in the past year than CULP.
Warning: CULP has an average volume of 17022 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CULP has a been trading in the 3.76 - 4.80 range, which is quite wide. It is currently trading near the high of this range.
CULP is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry, CULP did better than 59% of them.
CULP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CULP is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, CULP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.54. Right above this resistance zone may be a good entry point.
More info and screens
3.73
5.30
2 important support areas can be observed.
- Support @3.91 from a trend line in the daily time frame.
- A support zone ranging from 3.77 to 3.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 4.54 to 4.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.71 from a horizontal line in the daily time frame.
- Resistance @5.16 from a trend line in the daily time frame.
- Resistance @5.25 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for CULP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CULP is up. |
| ChartMill Relative Strength | 38.92 | NEUTRAL | CULP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CULP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CULP is above 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) | 53.71 | NEUTRAL | The RSI value for CULP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CULP has a negative trend. |
| Stochastics (14,3) | 57.21 | NEUTRAL | The Stochastics value for CULP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for CULP suggests some volalility. |
| Average Directional Index/ADX (14) | 25.64 | POSITIVE | The high ADX value value for CULP 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)
4.41
+0.04 (+0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg0.92%
1 Week-3.71%
2 Weeks-5.36%
1 Month16.67%
3 Month14.84%
6 Month-17.11%
12 Month-12.5%
2 Year-22.63%
3 Year-12.15%
5 Year-60.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%4.6%
ATR Inc6.43%
Range Today0.24
ADR(20)0.2
ADR(20)%4.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.92
Mansfield-1.8
10 Day High4.75
10 Day Low4.31
20 Day High4.8
20 Day Low3.76
52 Week High6.85
52 Week Low3.42
CS1 End3.91
CR1 Start4.54
Volume & EV
DER(3)-1.66%
DER(5)1.01%
Volume9.30K
Volume Incr-64.76%
Vol(5)8.32K
Vol(50)17.02K