CASELLA WASTE SYSTEMS INC-A (CWST) Technical Analysis
NASDAQ:CWST • US1474481041
Current stock price
CWST Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CWST. CWST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, CWST is a bad performer in the overall market: 86% of all stocks are doing better.
- CWST is one of the lesser performing stocks in the Commercial Services & Supplies industry. 63% of 80 stocks in the same industry do better.
- CWST 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.
- In the last month CWST has a been trading in the 75.97 - 88.47 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CWST Weekly and Daily overview Charts
CWST Setup Rating and Analysis
The technical rating of CWST 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
CWST Support and Resistance Analysis
74.22
When analyzing the support we notice one important area.
- A support zone ranging from 74.97 to 74.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 86.84 to 87.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @97.51 from a horizontal line in the daily time frame.
- Resistance @101.00 from a trend line in the weekly time frame.
CWST Technical Indicator Signal Analysis
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 CWST is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CWST is neutral. |
| ChartMill Relative Strength | 14.02 | NEGATIVE | CWST has a low relative strength, it was outperformed by 85.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CWST is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CWST is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CWST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.63 | NEUTRAL | The RSI value for CWST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests CWST has a positive trend. |
| Stochastics (14,3) | 45 | NEUTRAL | The Stochastics value for CWST is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for CWST suggests some volalility. |
| Average Directional Index/ADX (14) | 22.09 | NEUTRAL | The ADX value for CWST suggests a possible start of a new trend. |
CWST Chart- and CandleStick Pattern Analysis
CWST Technicals: Chart, Performance Metrics, Trend & Indicators
86.83
+7.58 (+9.56%)
CASELLA WASTE SYSTEMS INC-A / CWST TA FAQ
Can you provide the ChartMill technical rating for CASELLA WASTE SYSTEMS INC-A?
ChartMill assigns a technical rating of 0 / 10 to CWST.
What is the current trend direction of CASELLA WASTE SYSTEMS INC-A (CWST) stock?
The current trend direction for CASELLA WASTE SYSTEMS INC-A (CWST) is Bearish.
What is the RSI signal for CWST stock?
CASELLA WASTE SYSTEMS INC-A (CWST) has an RSI value of 57.6349. This indicates that the stock is currently neutral.
What is the MACD signal for CASELLA WASTE SYSTEMS INC-A (CWST) stock?
The MACD indicator for CASELLA WASTE SYSTEMS INC-A (CWST) has a value of 0.489751, indicating a bearish trend.
Can you provide the short term momentum for CASELLA WASTE SYSTEMS INC-A?
The short term momentum for CASELLA WASTE SYSTEMS INC-A (CWST) is neutral.