COSTAR GROUP INC (CSGP) Stock Technical Analysis
NASDAQ:CSGP - Nasdaq - US22160N1090 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to CSGP. 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.
CSGP is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month CSGP has a been trading in the 72.50 - 79.67 range, which is quite wide. It is currently trading near the high of this range.
CSGP has an average volume of 3124220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, CSGP turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
CSGP is an average performer in the Real Estate Management & Development industry, it outperforms 63% of 64 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, CSGP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 79.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 76.77, a Stop Loss order could be placed below this zone.
More info and screens
68.60
82.79
We found 2 important support areas.
- A support zone ranging from 73.70 to 76.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
When analyzing the resistance we notice 2 important areas.
- Strong 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.86
Mansfield-0.25
10 Day High79.67
10 Day Low73.65
20 Day High79.67
20 Day Low72.5
52 Week High100.38
52 Week Low68.26
Performance
1 Week4.12%
2 Weeks3.39%
1 Month1.53%
3 Month2.68%
6 Month2.5%
12 Month-7.8%
2 Year15.31%
3 Year19.19%
5 Year35.2%
10 Year301.3%
15 Year1812.09%
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)0.11
RSI(14)59.81
LBB74.12
UBB79.8
79.39
+2.53 (+3.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg3.29%
1 Week4.12%
2 Weeks3.39%
1 Month1.53%
3 Month2.68%
6 Month2.5%
12 Month-7.8%
2 Year15.31%
3 Year19.19%
5 Year35.2%
10 Year301.3%
15 Year1812.09%
Volatility
ATR(14)2.51
ATR(20)%2.83%
ATR Inc24.04%
Range Today3.88
ADR(20)2.16
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.86
Mansfield-0.25
10 Day High79.67
10 Day Low73.65
20 Day High79.67
20 Day Low72.5
52 Week High100.38
52 Week Low68.26
CS1 End76.77
CR1 Start79.61
Volume & EV
DER(3)0.05%
DER(5)-0.24%
Volume3.74M
Volume Incr49.72%
Vol(5)5.44M
Vol(50)3.12M