Why CoStar Group, Inc. ($CSGP) Is Acting Slightly Strange (2019-07-15)

Our first news is that we’ve found some terrific services that we believe will help immensely if you are trading CoStar Group, Inc. – take a quick look through the following:

Beat The Market Analyzer: https://logistics-business-review.com/recommended-tool-for-CSGP-investors (this is a fantastic tool – use this to analyze CoStar Group, Inc. in much more depth)
MM Publishing: https://logistics-business-review.com/mmpublishing-for-CSGP-investors
Trading Code: https://logistics-business-review.com/tradingcode-for-CSGP-investors
Trader HR: https://logistics-business-review.com/traderHR-for-CSGP-investors

REPORTING FOR 2019-07-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how CoStar Group, Inc. ($CSGP) has been trading over the last 2 weeks and the past day especially. On its latest session, CoStar Group, Inc. ($CSGP) opened at 589.41, reaching a high of 592.34 and a low of 583.13 before closing at a price of 587.14. There was a total volume of 165222.

VOLUME INDICATORS: We saw an accumulation-distribution index of 4330.94272, an on-balance volume of -588.01, chaikin money flow of 5.28669 and a force index of 66.7182. There was an ease of movement rating of 0.04303, a volume-price trend of 104.41042 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 5.09404, bolinger bands of 585.48867, an upper bollinger band of 578.19133, lower bollinger band of 583.13, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 588.29333, high band keltner channel of 585.36333, low band keltner channel of 591.22333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 583.13, a donchian channel low band of 583.13, a donchian channel high band indicator of nan, and a donchian channel low band indicator of 1.0.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.05788, a MACD signal of -0.03216, a MACD difference of -0.02573, a fast Exponential Moving Average (EMA) indicator of 583.13, a slow Exponential Moving Average (EMA) indicator of 583.13, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.25036, a trix of 12.02714, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -88.55115, a KST Oscillator (KST) of 179.04353 and a KST Oscillator (KST Signal) of 179.04353 (leaving a KST difference of -1.30414). We also found an Ichimoku rating of 590.875, an Ichimoku B rating of 590.875, a Ichimoku visual trend A of 513.75506, an Ichimoku visual trend B of 531.81613, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 93.3777, a stochastic oscillator of 314.33447, a stochastic oscillator signal of 314.33447, a Williams %R rating of 214.33447 and an awesome oscillator of -3.19883.

RETURNS: There was a daily return of 17.90435, a daily log return of -0.44342 and a cumulative return of -0.44244.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for CoStar Group, Inc. ($CSGP)…

For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on CoStar Group, Inc., we strongly advise CoStar Group, Inc. investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like CoStar Group, Inc. – without this you are trading blind:

We will of course continue to cover the news and price action of CoStar Group, Inc., but it’s easiest for you to just subscribe to MarketBeat’s newsletter above so you don’t miss anything.

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling CoStar Group, Inc. ($CSGP) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com
Gary Ivenchuck

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