CASY Technical Signal Analysis
CASY have 3 buy signals and 3 sell signals now. The current trend is consolidation starting from 2025-02-21. The total price change during this trend is -0.87%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of CASY over last 5 trading day is $201,655,690.98
3 Bullish Signal
3 Bearish Signal
Name
Signal
Value
Meaning
Moving Average
Price crosses above 5-day SMA
--
Bullish
Moving Average
Price crosses above 10-day SMA
--
Bullish
Moving Average
Price crosses above 200-day SMA
--
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-24.23
Bearish
Momentum (10 days)
MOM_10 < 0
-13.93
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-6.99
Bearish
3 Bullish Signal
Name
Signal
Value
Meaning
Moving Average
Price crosses above 5-day SMA
--
Bullish
Moving Average
Price crosses above 10-day SMA
--
Bullish
Moving Average
Price crosses above 200-day SMA
--
Bullish
CASY Support and Resistance Level
The support levels for CASY are at 379.11, 367.93, and 349.85, while the resistance levels are at 415.28, 426.45, and 444.54. With the current stock price at 389.78, it is leaning more toward the support levels.
CASY Technical Analysis
Technical Analysis of CASY Stock
Current Price and Technical Indicators:
- Price: 398.40
- RSI (14): 40.07 (Slightly bearish, approaching oversold territory)
- MACD: -4.11 (Bearish signal)
- Stochastic Oscillator: 14.69/11.80 (In lower range, potential oversold)
- Fibonacci Levels:
- Pivot: 405.15
- Resistance 1: 420.99
- Support 1: 389.30
Bollinger Bands:
- The stock is near the lower band, suggesting potential support or a bounce.
Moving Averages:
- 20-Day SMA: 418.32 (Above current price, bearish)
- 50-Day SMA: 411.62 (Above current price, bearish)
Recent News Impact:
- Analyst Upgrade: Upgraded to Buy from Hold by Gordon Haskett .
- Analyst Target Price: Stock has surpassed the average target, prompting reassessment .
Conclusion:
The stock is currently in a bearish trend with mixed signals. While the RSI and Stochastic Oscillator suggest a potential oversold condition, the MACD and moving averages indicate bearish momentum. The recent analyst upgrade is positive, but technical indicators suggest caution.
Recommendation:
Sell at the current price of 398.40. Consider re-entering if the stock shows signs of bullish reversal, such as breaking above the 20-day SMA or a bullish crossover in the MACD.
CASY FAQs
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CASY Buy or Sell
CASY has 3 buy signals and 3 sell signals now. Overall the technical rating for CASY is Neutral.
Neutral
Sell
3
Buy
3
CASY Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 389.78 below the SMA_5. In the short term, the stock shows a negative trend with the 391.3 below the SMA_20. In the mid term, the stock shows a positive trend with the 412.12 above the SMA_60. In the long term, the stock shows a positive trend with the 409.95 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about CASY's current trend?What are CASY's key support and resistance levels?