14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CSGS
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Stronger technical forecast for CSG Systems International stock price after Thursday trading.
(Updated on Feb 29, 2024)

Buy or Hold candidate since Feb 23, 2024 Gain 1.17% PDF
The CSG Systems International stock price fell by -0.0183% on the last day (Thursday, 29th Feb 2024) from $54.57 to $54.56. During the last trading day the stock fluctuated 2.10% from a day low at $54.26 to a day high of $55.40. The price has fallen in 6 of the last 10 days but is still up by 3.1% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -137 thousand shares and in total, 198 thousand shares were bought and sold for approximately $10.80 million.

The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $54.79 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect CSG Systems International stock with a 90% probability to be traded between $46.40 and $54.86 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

CSGS Signals & Forecast

The CSG Systems International stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $53.80 and $51.97. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Tuesday, February 27, 2024, and so far it has fallen -0.420%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for CSG Systems International stock

CSG Systems International finds support from accumulated volume at $53.34 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 $1.14 between high and low, or 2.10%. For the last week, the stock has had daily average volatility of 2.58%.

Our recommended stop-loss: $52.35 (-4.05%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (CSGS) For The Upcoming Trading Day Of Friday 1st

For the upcoming trading day on Friday, 1st we expect CSG Systems International to open at $54.74, and during the day (based on 14 day Average True Range), to move between $53.04 and $56.08, which gives a possible trading interval of +/-$1.52 (+/-2.79%) up or down from last closing price. If CSG Systems International takes out the full calculated possible swing range there will be an estimated 5.59% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $54.57 (0.02%) than the support at $53.34 (2.24%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is CSG Systems International stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for CSG Systems International stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.523 Buy Candidate Upgraded

Predicted Opening Price for CSG Systems International of Friday, March 1, 2024

Fair opening price March 1, 2024 Current price
$54.74 ( 0.330%) $54.56

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

News Digest

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 55.88 2.42 %
R2 55.44 1.62 %
R1 55.18 1.13 %
Current price: 54.56
Support S1 54.30 -0.468 %
S2 54.04 -0.96 %
S3 53.60 -1.76 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 54.79 0.422 %
R2 54.69 0.238 %
R1 54.57 0.0183 %
Current price 54.56
Support S1 53.34 -2.24%
S2 53.14 -2.60%
S3 52.41 -3.94%

FAQ

What is the symbol for CSG Systems International Stock and on which exchange is it traded?
The symbol for CSG Systems International is CSGS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell CSG Systems International Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for CSG Systems International stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy CSG Systems International Stock?
CSG Systems International Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy CSG Systems International Stock.

What's the current price of CSG Systems International Stock?
As of the end of day on the 2024-02-29, the price of an CSG Systems International (CSGS) share was $54.56.

What is the 52-week high and low for CSG Systems International Stock?
The 52-week high for CSG Systems International Stock is $68.49 and the 52-week low is $45.27.

What is the market capitalization of CSG Systems International Stock?
As of the 2024-02-29, the market capitalization of CSG Systems International is 1.606B.

When is the next earnings date for CSG Systems International?
The upcoming earnings date for CSG Systems International is May 01, 2024.

Click to get the best stock tips daily for free!

About CSG Systems International

CSG Systems International CSG Systems International, Inc. provides revenue management and digital monetization, customer engagement, and payment solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers Advanced Convergent Platform, a private SaaS based platform; related solutions, including field force automation, analytics, electronic bill presentment, ACH, etc. to the North American cable and sa... CSGS Profile

CSGS Dividend Data

2.13%

Dividend Yield (TTM)
Payout Ratio (TTM) 0
Next Ex-Dividend Date Mar 14, 2024
Next Payment Date Mar 28, 2024
View Details

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT