Overall CWST gets a technical rating of 6 out of 10. CWST has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, CWST 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 99.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 98.60, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
84.90
We found 3 important support areas.
- A support zone ranging from 96.83 to 98.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @87.40 from a horizontal line in the daily time frame.
- Support @85.76 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 99.06 to 99.22. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for CWST is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CWST is up. |
| ChartMill Relative Strength | 49.44 | NEUTRAL | CWST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CWST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CWST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CWST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.29 | NEUTRAL | The RSI value for CWST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests CWST has a positive trend. |
| Stochastics (14,3) | 74.71 | NEUTRAL | The Stochastics value for CWST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for CWST suggests some volalility. |
| Average Directional Index/ADX (14) | 24.78 | NEUTRAL | The ADX value for CWST suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 99.23 | 96.82 | 2.41 (2.43%) | 25.00% |
| An entry @99.23. This is a Buy Stop order right above the resistance zone. | An exit @96.82. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.41 points, which is 2.43%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%. |
- The distance between exit and entry is rather small compared to the average daily movement of CWST. 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.
99.05
+0.1 (+0.1%)
CASELLA WASTE SYSTEMS INC-A / CWST FAQ
Can you provide the ChartMill technical rating for CASELLA WASTE SYSTEMS INC-A?
ChartMill assigns a technical rating of 6 / 10 to CWST.
What is the trend direction for CWST stock?
The current trend direction for CASELLA WASTE SYSTEMS INC-A (CWST) is Bearish.
Can you provide the RSI signal for CASELLA WASTE SYSTEMS INC-A?
CASELLA WASTE SYSTEMS INC-A (CWST) has an RSI value of 65.2903. This indicates that the stock is currently neutral.
What is the short term momentum for CWST stock?
The short term momentum for CASELLA WASTE SYSTEMS INC-A (CWST) is positive.