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COSTAR GROUP INC (CSGP) Stock Technical Analysis

NASDAQ:CSGP - Nasdaq - US22160N1090 - Common Stock - Currency: USD

77.77  -1.93 (-2.42%)

Technical Rating and Analysis

6

Taking everything into account, CSGP scores 6 out of 10 in our technical rating. In the last year, CSGP was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CSGP is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 73% of 64 stocks in the same industry.
In the last month CSGP has a been trading in the 71.21 - 81.16 range, which is quite wide. It is currently trading near the high of this range.
CSGP has an average volume of 3698290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CSGP is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CSGP is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so CSGP is still doing slightly better than the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
COSTAR GROUP INC / CSGP Weekly stock chart
COSTAR GROUP INC / CSGP Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, CSGP 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 81.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 79.61, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

68.60

82.79

We found 3 important support areas.

  • A support zone ranging from 76.95 to 77.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 73.15 to 73.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 69.29 to 71.25. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • Resistance @79.61 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 81.34 to 81.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.82
Mansfield1.04
10 Day High81.07
10 Day Low71.21
20 Day High81.16
20 Day Low71.21
52 Week High93.94
52 Week Low68.26
Performance
1 Week5.67%
2 Weeks4.39%
1 Month0.86%
3 Month7.92%
6 Month0.57%
12 Month-5.41%
2 Year3.57%
3 Year25.28%
5 Year22.94%
10 Year289.86%
15 Year1713.42%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.24
RSI(14)53.86
LBB72.71
UBB82.51
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.

ENTRYEXITDISTANCECAPITAL
81.9879.602.38 (2.90%)25.00%
An entry @81.98. This is a Buy Stop order right above the resistance zone.An exit @79.60. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.38 points, which is 2.90%.For a 0.73% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of CSGP. Please evaluate whether better entry and exit points can be found.
  • 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.
COSTAR GROUP INC / CSGP Daily stock chart

COSTAR GROUP INC

NASDAQ:CSGP (4/21/2025, 12:56:58 PM)

77.77

-1.93 (-2.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-2.42%
1 Week5.67%
2 Weeks4.39%
1 Month0.86%
3 Month7.92%
6 Month0.57%
12 Month-5.41%
2 Year3.57%
3 Year25.28%
5 Year22.94%
10 Year289.86%
15 Year1713.42%
Volatility
ATR(14)3.52
ATR(20)%3.67%
ATR Inc-47.16%
Range Today1.5
ADR(20)2.78
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.82
Mansfield1.04
10 Day High81.07
10 Day Low71.21
20 Day High81.16
20 Day Low71.21
52 Week High93.94
52 Week Low68.26
CS1 End79.61
CR1 Start81.34
Volume & EV
DER(3)0.34%
DER(5)-0.21%
Volume666.81K
Volume Incr-30.57%
Vol(5)2.38M
Vol(50)3.70M