CASELLA WASTE SYSTEMS INC-A (CWST) Stock Technical Analysis
USA - NASDAQ:CWST - US1474481041 - Common Stock
Overall CWST gets a technical rating of 0 out of 10. CWST's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, CWST does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 88.07, a Stop Loss order could be placed below this zone.
More info and screens
84.90
When analyzing the support we notice one important area.
- A support zone ranging from 85.76 to 88.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 91.78 to 92.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 94.11 to 94.88. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 14.87 | NEGATIVE | CWST 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 CWST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CWST is below 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) | 45.19 | NEUTRAL | The RSI value for CWST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests CWST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.86 | NEUTRAL | The Stochastics value for CWST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for CWST suggests some volalility. |
| Average Directional Index/ADX (14) | 20.46 | NEUTRAL | The ADX value for CWST suggests a possible start of a new trend. |
88.485
-2.34 (-2.58%)
CASELLA WASTE SYSTEMS INC-A / CWST 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 trend direction for CWST stock?
The current trend direction for CASELLA WASTE SYSTEMS INC-A (CWST) is Bearish.
Can you provide the RSI signal for CASELLA WASTE SYSTEMS INC-A?
CASELLA WASTE SYSTEMS INC-A (CWST) has an RSI value of 45.1877. This indicates that the stock is currently neutral.
What is the short term momentum for CWST stock?
The short term momentum for CASELLA WASTE SYSTEMS INC-A (CWST) is neutral.