CONSTELLATION SOFTWARE INC (CSU.CA) Stock Technical Analysis
TSX:CSU - Toronto Stock Exchange - CA21037X1006 - Common Stock - Currency: CAD
Overall CSU gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CSU is showing a nice and steady performance.
CSU has an excellent technical rating and also presents a decent setup pattern. 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 4986.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4723.24, a Stop Loss order could be placed below this zone.
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4,121.06
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4587.96 to 4723.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4257.90 to 4432.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4162.69 to 4181.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4986.97 to 4988.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 |
|---|---|---|---|
| 4,988.93 | 4,587.95 | 400.98 (8.04%) | 12.44% |
| An entry @4988.93. This is a Buy Stop order right above the resistance zone. | An exit @4587.95. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 400.98 points, which is 8.04%. | When investing 12.44% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TSX:CSU (4/24/2025, 7:00:00 PM)
4888.91
+118.94 (+2.49%)