
CS Group (SX.PA) Technical Analysis
EPA:SX • FR0007317813
Current stock price
SX.PA Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to SX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SX is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- SX is one of the better performing stocks in the IT Services industry, it outperforms 98% of 73 stocks in the same industry.
- A new 52 week high is currently being made by SX, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so SX is leading the market.
- When comparing the yearly performance of all stocks, we notice that SX is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, SX also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 10 months ago.
- In the last month SX has a been trading in a tight range between 11.40 and 11.55.
- Volume is considerably higher in the last couple of days.
SX.PA Weekly and Daily overview Charts
SX.PA Setup Rating and Analysis
SX 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 11.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.45, a Stop Loss order could be placed below this zone.
More info and screens
SX.PA Support and Resistance Analysis
10.73
3 important support areas can be observed.
- A support zone ranging from 11.43 to 11.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @11.20 from a horizontal line in the daily time frame.
- A support zone ranging from 10.84 to 10.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 11.51 to 11.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SX.PA 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 | UP | POSITIVE | The long term trend for SX.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SX.PA is up. |
| ChartMill Relative Strength | 98.47 | POSITIVE | SX.PA has a high relative strength, it outperformed 98.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SX.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SX.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SX.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.1 | NEUTRAL | The RSI value for SX.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SX.PA has a negative trend. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for SX.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.52 | LOW VOLATILITY | The low ATR as a percentage value for SX.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 89.07 | POSITIVE | The high ADX value value for SX.PA suggests a strong trend. |
SX.PA Chart- and CandleStick Pattern Analysis
SX.PA Example Setup
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 |
|---|---|---|---|
| 11.57 | 11.49 | 0.08 (0.69%) | 25.00% |
| An entry @11.57. This is a Buy Stop order right above the resistance zone. | An exit @11.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.08 points, which is 0.69%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.17%. |
- 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.
SX.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:SX (4/28/2023, 7:00:00 PM)
11.5
-0.05 (-0.43%)
CS Group / SX.PA TA FAQ
What is the technical rating for SX stock?
ChartMill assigns a technical rating of 8 / 10 to SX.PA.
Can you provide the trend direction for CS Group?
The current trend direction for CS Group (SX.PA) is Bullish.
Can you provide the RSI signal for CS Group?
CS Group (SX.PA) has an RSI value of 51.0989. This indicates that the stock is currently neutral.
What is the short term momentum for CS Group (SX.PA) stock?
The short term momentum for CS Group (SX.PA) is positive.
Can you provide the buy/sell signal for CS Group?
The buy/sell signal for CS Group (SX.PA) is buy as both the short term and long term trends are positive.