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CSG Systems International Stock Forecast NASDAQ:CSGS

$50.20 (0.50%)

Volume: 128k

Closed: Oct 15, 2021

Hollow Logo Score: 0.674

CSG Systems International Stock Forecast

$50.20 (0.50%)

Volume: 128k

Closed: Oct 15, 2021

Score Hollow Logo 0.674
Which way will CSGS go? Request
Stop-loss: $48.09 (-4.20%)
Earnings Date: Nov 03, 2021
Key Stats
P/E Ratio 24.99
Beta 0.85
Trailing Dividend Rate 1.94% ($0.98)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 65 and the stock is currently not being overbought or oversold

CSG Systems International stock downgraded to Hold/Accumulate
(Updated on Oct 15, 2021)


Buy or Hold candidate since 2021-09-30 Gain 4.15%

The CSG Systems International stock price gained 0.50% on the last trading day (Friday, 15th Oct 2021), rising from $49.95 to $50.20. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.50% from a day low at $49.89 to a day high of $50.64. The price has risen in 6 of the last 10 days and is up by 1.99% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 27 thousand more shares were traded than the day before. In total, 128 thousand shares were bought and sold for approximately $6.44 million.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 10.46% during the next 3 months and, with a 90% probability hold a price between $52.65 and $56.81 at the end of this 3-month period.

Signals & Forecast

The CSG Systems International stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $50.34. On a fall, the stock will find some support from the long-term average at approximately $48.59. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, October 08, 2021, and so far it has fallen -1.67%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss

CSG Systems International finds support from accumulated volume at $48.40 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.75 between high and low, or 1.50%. For the last week, the stock has had a daily average volatility of 1.83%.

Our recommended stop-loss: $48.09 (-4.20%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 5 days ago.)

Is CSG Systems International stock A Buy?

CSG Systems International holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.674

Predicted Opening Price for CSG Systems International of Monday, October 18, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price October 18, 2021 Current price
$50.24 $50.20 (Undervalued)
Hold/Accumulate Downgraded

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Analyst Ratings

Sidoti does not see either upside or downside right now giving CSGS "Buy - Neutral" on their last update on Mar 30, 2021. The price target was set to $49.00.

Volatility and Risk
Daily Average Volatility: 1.83 %
Overall Risk: Very High High Medium Low Very Low
Volatility
1.83 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $50.35
Price: $50.20
Support: $48.40

CSGS Insider Trading Show all Trades

INSIDER POWER

2.494

Last 100 transactions
Buy: 587 646 | Sell: 235 644 (Shares)
Date Action Amount Person Type
Sep 10, 2021 Buy 3 672 Obuchowski Janice I Common Stock
Sep 10, 2021 Buy 3 672 Reed Donald Common Stock
Sep 10, 2021 Buy 3 672 Sica Frank V Common Stock
Sep 10, 2021 Buy 3 672 Song Haiyan Common Stock
Sep 10, 2021 Buy 3 672 Tavares Silvio Common Stock
Show all Insider Trades
INSIDER POWER

2.494

Last 100 transactions
Buy: 587 646 | Sell: 235 644 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 50.99 1.58 %
50.71 1.01 %
50.53 0.66 %
Current price: 50.20
Support 49.96 -0.48 %
49.78 -0.84 %
49.49 -1.41 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 51.05 1.69 %
51.04 1.67 %
50.35 0.30 %
Current price 50.20
Support 48.40 -3.59%
47.82 -4.74%
47.44 -5.50%

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About CSG Systems International

CSG Systems International CSG Systems International, Inc. provides business support solutions primarily to the communications industry. Its suite of solutions comprises Advanced Convergent Platform, a billing and customer care platform for cable and satellite providers; Singleview suite, an integrated customer care, billing, and real-time rating and charging solution; Total Service Mediation (TSM) framework that supports offline and real-time mediation requirements; and W... Read more

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