Is CoStar Group, Inc. ($CSGP) Set To Blow Up? (2019-11-13)

REPORTING FOR 2019-11-13 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how CSGP has been trading over the last 2 weeks and the past day especially. On its latest session, CoStar Group, Inc. ($CSGP) opened at 558.43, reaching a high of 565.19 and a low of 556.5 before closing at a price of 563.3. There was a total volume of 280254.

VOLUME INDICATORS FOR COSTAR GROUP, INC. ($CSGP): We saw an accumulation-distribution index of 1442.65763, an on-balance volume of -557.71, chaikin money flow of 1.57101 and a force index of 173.7558. There was an ease of movement rating of 0.14625, a volume-price trend of -23.83068 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR COSTAR GROUP, INC. ($CSGP): We noted an average true range of 9.86613, bolinger bands of 563.3566, an upper bollinger band of 542.1434, lower bollinger band of 556.5, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 560.04, high band keltner channel of 553.28, low band keltner channel of 566.8, 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 556.5, a donchian channel low band of 556.5, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR COSTAR GROUP, INC. ($CSGP): We calculated a Moving Average Convergence Divergence (MACD) of -0.16827, a MACD signal of -0.09348, a MACD difference of -0.07479, a fast Exponential Moving Average (EMA) indicator of 556.5, a slow Exponential Moving Average (EMA) indicator of 556.5, 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 0.09952, a trix of -3.53054, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 24.44769, a KST Oscillator (KST) of -42.08243 and a KST Oscillator (KST Signal) of -42.08243 (leaving a KST difference of -3.22749). We also found an Ichimoku rating of 561.81, an Ichimoku B rating of 561.81, a Ichimoku visual trend A of 592.04648, an Ichimoku visual trend B of 586.6976, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR COSTAR GROUP, INC. ($CSGP): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 24.50785, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -55.14768, a stochastic oscillator of 128.5503, a stochastic oscillator signal of 128.5503, a Williams %R rating of 28.5503 and an awesome oscillator of -1.59967.

RETURNS FOR COSTAR GROUP, INC. ($CSGP): There was a daily return of -4.20824, a daily log return of -1.35687 and a cumulative return of -1.34771.

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 2019-11-13 (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)…

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.

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