Technical analysis from CSG (CSV.AX.AX, ASX:CSV.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

CSG
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Ulcer index has increased in stress level & high drawdown is expected for CSV
Ulcer Index /
Ulcer index has increased in stress level & high drawdown is expected for CSV

[BULLISH]: CSG UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 32.983.

CSG: CMF(-0.6)
Chaikin Money Flow /
CSG: CMF(-0.6)

CSV: Chaikin Oscillator Current Signal -> (1) 20 Feb: BEARISH (2) 19 Feb: BEARISH (3) 16 Feb: BEARISH CROSSOVER

Momentum /
5-day momentum is now increasing for CSG

[BULLISH CROSSOVER]: CSG currently has positive momentum of 0.005. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -1.8%. The largest upward momentum rally for the last 3 months is 1 days producing a return of 0%%.

Moving Average Envelope /
CSG is still oversold with the Lower Envelope Band @$0.3705

[BULLISH]: CSG current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 0.3705.

High Price /
Recent trading for CSG has surpassed the previous high by 1 %

[BULLISH]: CSG current uptrend in the first timeframe. Currently, the HIGH is 1 %.

Woodie Pivot Point /
CSG has broken the first Woodie resistance point ($0.29) [Bullish]

CSG has broken the first Woodie resistance point ($0.29) [Bullish]. Look for a long limit order entry near this point. Exit price for CSV should be set @$0.305 & Stoploss for CSG should be set at $0.265

Trading session closed higher on high volume for CSG [Bullish]
Ease of Movement /
Trading session closed higher on high volume for CSG [Bullish]

CSV: EOM Recent Trading -> (1) 20 Feb: 0.005 (2) 19 Feb: 0.003 (3) 16 Feb: 0

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MACD Volume /
Volume MACD for CSG continues to lose momentum @-592287)

[BEARISH]: CSG currently has negative Volume MACD of -592287. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Open/close reversal confirmed for CSG signalling the buyers have lost control
Open Tod Vs Close Tod /
Open/close reversal confirmed for CSG signalling the buyers have lost control

[BEARISH]: CSG opened in the lower part of daily range at 25% & closed in the lower part of the trading range at 0%. This suggests the buyers have lost control. Over the last 12 months there has been 5 trading days with the opening price in the lower shadow & the closing the price in the lower shadow giving a confirmation ratio of 2%. Over the last month there has been 1 trading days with the opening price in the lower price range & the closing the price in the lower price range giving a confirmation ratio of 7.7%.

Stochastic oversold signal continues for CSG indicating upward price movement is likely
Stochastic Oscillator /
Stochastic oversold signal continues for CSG indicating upward price movement is likely

[BULLISH]: CSG is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Close Tod Vs Close Yest /
Closing price for CSV ($0.28) signals sellers are still keener than buyers

[BEARISH]: CSGsellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for CSV adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -34.5 & the greatest daily negative change this year has been -34.5. The longest consecutive downswing rally over the last 12 months has been 5 days giving a total rally downward movement of -37.7%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -34.5%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 0.9x. Over the last month the average daily downward movement has been -8.6%

Simple Moving Average /
Simple Moving Average(5) signal continues for CSG indicating downward price movement is likely

[BULLISH]: CSG currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -1.8%.

Volume Rate of Change /
CSG currently has positive volume rate of change for 341

[BULLISH]: CSG currently has positive volume of change of 341%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -1.8%.

Price continues to trade below the Exponential Moving Average(5) for CSV
Exponential Moving Average /
Price continues to trade below the Exponential Moving Average(5) for CSV

[BEARISH]: CSG currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -1.8%.

Negative ROC for CSG is a leading indicator for continued price fall
Rate of Change /
Negative ROC for CSG is a leading indicator for continued price fall

CSV: ROC Current Signal -> (1) 20 Feb: BEARISH (2) 19 Feb: BEARISH (3) 16 Feb: BEARISH

Accumulation / Distribution /
CSG: Current trading activity signals distribution is present

[BEARISH]: CSG current distribution has given weakness to the share price and the continuation of bearish trading conditions.

Price Range /
Volatile price performance from CSV has seen a range of 0.02 [Uptrend]

[BULLISH]: CSG current uptrend in the first timeframe. Currently, the Range is $0.02.

Average Directional Movement /
CSG has signalled an Average Directional Index strong trend present

CSV: Average Directional Index Recent Trading -> (1) 20 Feb: 41.17 (2) 19 Feb: 39.71 (3) 16 Feb: 37.92

CSV: Average True Range has confirmed an downtrend @0.028
Average True Range /
CSV: Average True Range has confirmed an downtrend @0.028

CSV: Average True Range Recent Trading -> (1) 20 Feb: 0.028 (2) 19 Feb: 0.029 (3) 16 Feb: 0.03

CSG is in a short term downtrend with the resistance price @$0.287
Sine Weighted Moving Average /
CSG is in a short term downtrend with the resistance price @$0.287

[BEARISH]: CSG currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -1.8%.

Buyers have continued to increase in eagerness for CSV adding strength to an uptrend in the first timeframe.
Range Tod Vs Range Yest /
Buyers have continued to increase in eagerness for CSV adding strength to an uptrend in the first timeframe.

[BULLISH]: CSGbuyers are increasingly eager. There has been 2 consecutive days of range increase for CSV adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.205 & the greatest daily price range this year has been $0.23. The price range ratio this week versus the quarterly price range is 0.1x & the price range ratio this month versus the year to date price range is 0.9x.

Money Flow Index /
The volume weighted RSI for CSV remains oversold during last trading session

[BEARISH]: CSG current trading has maintained the money flow index overbought status and signalled the continuation of the bearish trading conditions. Currently, the MFI is 8.14. The bearish signal has been active for 0 days. During the quarter, the highest MFI value was 80.09.

Relative Strength Index /
Relative Strength Oversold signal is still current for CSG [Bullish]

[BULLISH]: CSG is currently Oversold highlighting the potential for a short term trend reversal in the upward direction. RSI is currently oversold @26.9851

Black Candle /
CSV Basic Candle: Black

[BEARISH]: CSG has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Percentage Price /
PPO: The shorter moving average for CSVis still below the longer term moving average

[BEARISH]: CSG currently has negative PPO -14.400%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Low for CSV has surpassed the low of the previous trading session
Low Price /
Low for CSV has surpassed the low of the previous trading session

CSV: LOW Current Signal -> (1) 20 Feb: NEUTRAL (2) 19 Feb: NEUTRAL (3) 16 Feb: NEUTRAL

CSG has broken below the 161.8% extension level ($0.4) [Bullish]
Fibonacci Extensions /
CSG has broken below the 161.8% extension level ($0.4) [Bullish]

CSG has moved below the 161.8% level ($0.4) [Bullish]. Look for a long limit order entry near this point. Exit price for CSV should be set @$0.34 & Stoploss for CSG should be set at $0.46

Demarks Pivot Points /
CSG has moved above the R1 DeMark pivot point ($0.285) [Bullish]

CSG has broken the first DeMark resistance point ($0.285) [Bullish]. Look for a long limit order entry near this point. Exit price for CSV should be set @$0.29 & Stoploss for CSG should be set at $0.27

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