CALAMOS S&P 500 SAP ETF JULY (CPSJ) Stock Technical Analysis
NYSEARCA:CPSJ - NYSE Arca - US12811T8036 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to CPSJ. In the last year, CPSJ was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, CPSJ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 24.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.44, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CPSJ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
23.81
When analyzing the support we notice one important area.
- A support zone ranging from 24.05 to 24.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 24.69 to 25.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
NYSEARCA:CPSJ (4/28/2025, 8:01:08 PM)
24.67
+0.03 (+0.13%)