CULP INC (CULP)

US2302151053 - Common Stock

5.78  +0.27 (+4.9%)

Technical Rating and Analysis

6

Overall CULP gets a technical rating of 6 out of 10. Although CULP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: CULP has an average volume of 16844 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CULP has a been trading in the 4.78 - 5.79 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, CULP outperforms 42% of them, which is more or less in line with the market.
CULP is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry, CULP did better than 51% of them.
CULP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CULP is lagging the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CULP Weekly chart
CULP Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, CULP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.48, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

4.26

6.63

We found 4 important support areas.

  • A support zone ranging from 5.25 to 5.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 4.92 to 4.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @4.80 from a horizontal line in the daily time frame.
  • Support @4.30 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 6.48 to 6.56. 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
CRS42.84
Mansfield0.34
10 Day High5.79
10 Day Low5.15
20 Day High5.79
20 Day Low4.78
52 Week High6.85
52 Week Low4.25
Performance
1 Week5.09%
2 Weeks11.58%
1 Month11.37%
3 Month-3.18%
6 Month29.02%
12 Month-0.17%
2 Year25.93%
3 Year-39.22%
5 Year-57.56%
10 YearN/A
15 YearN/A
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)0.05
RSI(14)61.63
LBB4.81
UBB5.88
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
5.805.240.56 (9.66%)10.36%
An entry @5.80. This is a Buy Stop order right above the 10 day high.An exit @5.24. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.56 points, which is 9.66%.For a 1.00% total portfolio risk, you can invest 10.36% of your capital in this trade.

  • 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.
CULP Daily chart

CULP INC

NYSE:CULP (12/24/2024, 8:05:25 PM)

5.78

+0.27 (+4.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg4.9%
1 Week5.09%
2 Weeks11.58%
1 Month11.37%
3 Month-3.18%
6 Month29.02%
12 Month-0.17%
2 Year25.93%
3 Year-39.22%
5 Year-57.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%4.35%
ATR Inc-22.83%
Range Today0.21
ADR(20)0.24
ADR(20)%4.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.84
Mansfield0.34
10 Day High5.79
10 Day Low5.15
20 Day High5.79
20 Day Low4.78
52 Week High6.85
52 Week Low4.25
CS1 End5.48
CR1 Start6.48
Volume & EV
DER(3)-0.2%
DER(5)-10.83%
Volume21.60K
Volume Incr20.38%
Vol(5)24.20K
Vol(50)16.84K