We assign a technical rating of 8 out of 10 to CWST. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CWST is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month CWST has a been trading in the 97.94 - 107.82 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- When compared to the yearly performance of all other stocks, CWST outperforms 59% of them, which is more or less in line with the market.
- CWST is an average performer in the Commercial Services & Supplies industry, it outperforms 65% of 80 stocks in the same industry.
- CWST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CWST is lagging the market.
Besides having an excellent technical rating, CWST also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 105.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 103.89, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
96.96
We found 2 important support areas.
- A support zone ranging from 100.12 to 103.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @97.94 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 105.12 to 106.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @118.50 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for CWST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CWST is up. |
| ChartMill Relative Strength | 59.29 | NEUTRAL | CWST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CWST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CWST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CWST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.93 | NEUTRAL | The RSI value for CWST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests CWST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.8 | NEUTRAL | The Stochastics value for CWST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for CWST suggests some volalility. |
| Average Directional Index/ADX (14) | 19.25 | NEGATIVE | The low ADX value for CWST suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 106.57 | 100.11 | 6.46 (6.06%) | 16.50% |
| An entry @106.57. This is a Buy Stop order right above the resistance zone. | An exit @100.11. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.46 points, which is 6.06%. | For a 1.00% total portfolio risk, you can invest 16.50% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
104.65
-0.08 (-0.08%)
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 8 / 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 Bullish.
What is the RSI signal for CASELLA WASTE SYSTEMS INC-A (CWST) stock?
CASELLA WASTE SYSTEMS INC-A (CWST) has an RSI value of 56.9341. This indicates that the stock is currently neutral.
What is the MACD signal for CWST stock?
The MACD indicator for CASELLA WASTE SYSTEMS INC-A (CWST) has a value of -0.252588, indicating a bearish trend.
What is the buy/sell signal for CASELLA WASTE SYSTEMS INC-A (CWST) stock?
The buy/sell signal for CASELLA WASTE SYSTEMS INC-A (CWST) is buy as both the short term and long term trends are positive.