We assign a technical rating of 7 out of 10 to CWST. In the last year, CWST was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
CWST has an excellent technical rating and 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 99.97. Right above this resistance zone may be a good entry point.
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84.90
2 important support areas can be observed.
- Support @87.40 from a horizontal line in the daily time frame.
- Support @85.76 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 99.97 to 100.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @102.55 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 | 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 | 51.7 | 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 | NEGATIVE | The current price of CWST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.78 | NEUTRAL | The RSI value for CWST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CWST has a negative trend. |
| Stochastics (14,3) | 68.93 | NEUTRAL | The Stochastics value for CWST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for CWST suggests some volalility. |
| Average Directional Index/ADX (14) | 25.14 | POSITIVE | The high ADX value value for CWST suggests a strong 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 |
|---|---|---|---|
| 100.60 | 96.07 | 4.53 (4.50%) | 22.23% |
| An entry @100.60. This is a Buy Stop order right above the resistance zone. | An exit @96.07. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.53 points, which is 4.50%. | When investing 22.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
99.96
+0.31 (+0.31%)
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 7 / 10 to CWST.
What is the trend direction for CWST stock?
The current trend direction for CASELLA WASTE SYSTEMS INC-A (CWST) is Bullish.
Can you provide the RSI signal for CASELLA WASTE SYSTEMS INC-A?
CASELLA WASTE SYSTEMS INC-A (CWST) has an RSI value of 61.7844. 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 positive.
Can you provide the buy/sell signal for CASELLA WASTE SYSTEMS INC-A?
The buy/sell signal for CASELLA WASTE SYSTEMS INC-A (CWST) is buy as both the short term and long term trends are positive.