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CSPI Stock CSP (CSPI, $12.39) Moving Average Convergence Divergence (MACD) Histogram turned negative on October 29, 2024

A.I.dvisor
at Tickeron.com
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CSPI - CSP
MACD signal
Bearish Trend
Odds of DOWN Trend
Tickeron
MACD signal
Price: $12.39
Daily change: -$0.32 (-2.52%)
Daily volume: 17.6K
Industry: Information Technology Services
This is a Bearish indicator signaling CSPI's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 50 similar cases where CSPI's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:

CSPI in -2.81% downward trend, falling for three consecutive days on November 12, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CSPI declined for three days, in of 233 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 51 cases where CSPI's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

CSPI broke above its upper Bollinger Band on October 10, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 08, 2024. You may want to consider a long position or call options on CSPI as a result. In of 97 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CSPI just turned positive on November 07, 2024. Looking at past instances where CSPI's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

CSPI moved above its 50-day moving average on November 13, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CSPI crossed bullishly above the 50-day moving average on November 11, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CSPI advanced for three days, in of 302 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 185 cases where CSPI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. CSPI’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock slightly better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.618) is normal, around the industry mean (9.938). P/E Ratio (46.945) is within average values for comparable stocks, (47.925). CSPI's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.721). Dividend Yield (0.008) settles around the average of (0.024) among similar stocks. P/S Ratio (2.098) is also within normal values, averaging (43.754).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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CSPI
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A.I. Advisor
published General Information

General Information

a developer of information technology integration solutions

Industry InformationTechnologyServices

Profile
Fundamentals
Details
Industry
Computer Peripherals
Address
175 Cabot Street
Phone
+1 978 954-5038
Employees
112
Web
https://www.cspi.com