Taking everything into account, CSQ scores 5 out of 10 in our technical rating. CSQ has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
CSQ has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 19.18. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.73
2 important support areas can be observed.
- A support zone ranging from 18.79 to 18.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.91 to 18.40. 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 19.18 to 19.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 CSQ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CSQ is neutral. |
| ChartMill Relative Strength | 52.19 | NEUTRAL | CSQ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CSQ is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CSQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.47 | NEUTRAL | The RSI value for CSQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CSQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.12 | OVERBOUGHT | The high Stochastics value suggests CSQ may be overbought. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for CSQ suggests low volalility. |
| Average Directional Index/ADX (14) | 21.62 | NEUTRAL | The ADX value for CSQ suggests a possible start of a new trend. |
19.03
-0.26 (-1.35%)
CALAMOS STRAT TTL RTRN FND / CSQ FAQ
What is the technical rating for CSQ stock?
ChartMill assigns a technical rating of 5 / 10 to CSQ.
What is the trend direction for CSQ stock?
The current trend direction for CALAMOS STRAT TTL RTRN FND (CSQ) is Bullish.
What is the RSI signal for CSQ stock?
CALAMOS STRAT TTL RTRN FND (CSQ) has an RSI value of 51.4731. This indicates that the stock is currently neutral.
What is the short term momentum for CALAMOS STRAT TTL RTRN FND (CSQ) stock?
The short term momentum for CALAMOS STRAT TTL RTRN FND (CSQ) is neutral.
What is the support and resistance level for CSQ stock?
CALAMOS STRAT TTL RTRN FND (CSQ) has a support level at 18.98 and a resistance level at 19.18. Check the full technical report for our detailed analysis of CSQ support and resistance levels.