Checking on Chart Signals for Caleres Inc (CAL)

Investors may be watching the technical signals on shares of Caleres Inc (CAL). Looking at the 50-day moving average vs price signal, the reading is measured at Sell. This indicator is used to watch price changes. After a recent look, the signal strength is Minimum, and the signal direction is Strengthening. Let’s take a quick look at how shares have been performing recently. At the time of writing, the stock price recently touched 26.71. At the open, shares were trading at 26.65. Since the start of the session, the stock has topped out with a high of 26.77 and bottomed with a low of 26.32. 

Opinion Views

Checking on some technical opinion signals for Caleres Inc (CAL), we have noted that the long-term opinion signal is presently 67% Sell. This is the signal based on the average of where the price is resting relative to the standard interpretation of longer term studies. Digging a little bit deeper, we have seen that the current medium-term opinion signal is 75% Sell, and the short-term reading is currently 40% Sell.

Analyst Rating

Investors may be wanting to view Street analyst ratings on the stock. Caleres Inc (CAL) currently has an analyst rating of 4.2857142857143. This is based on scale where a 5 would represent a Strong Buy, a 4 would indicate a Moderate Buy, 3 a hold, 2 a moderate sell, and a rating of 1 would represent a Strong Sell. Investors are typically scoping out the next great stock choice. Securing that next big winner may involve plenty of perseverance and dedication. Making sense of all the available data may be a tough job. Many successful investors will study the equity markets from different angles. This may include tracking fundamental and technical data. 

Technical Watch

Caleres Inc (CAL) currently has a 9 day relative strength value of 44.31%. This technical momentum indicator compares the size of recent gains to recent losses helping to spot possible overbought and oversold conditions. The 9 day historical volatility reading is currently 30.89%. This measures the average deviation from the average price over the last 9 days. Some market enthusiasts will preach the old adage, nothing ventured nothing gained. Others may stick to the slow and steady wins the race plan. The right move for one investor may not be the same for another. Some may choose to go all in with dicey plays, while others may look to minimize risk with stable long-term staple stocks. Active stock market investors may have the opportunity to make bold decisions, but as in life, there are rarely any subsitutes for hard work, being prepared, and meticulous dedication. 

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