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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (2145)2/3/2002 8:25:31 PM
From: Dave Gore  Read Replies (2) of 16631
 
STOCK #5 ANALYSIS: *** CSGS *** (Bruce)

CSG Systems International provides customer care and billing solutions for the converging communications markets, including services to the cable television, direct broadcast satellite and on-line service industries. For the fiscal year ended 12/31/01, revenues rose 20% to $476.9 million. Net income rose 26% to $113.9 million. Results reflect higher software and professional services revenue due to the addition of new accounts, and improved operating margins.

52-Week Low
on 30-Nov-2001 $30.16
Recent Price $38.27
52-Week High
on 22-May-2001 $64.70
Beta 1.05
Daily Volume (3-month avg) 891.9K
Daily Volume (10-day avg) 833.0K
Last Trading Day Vol: ---- weak ----

Short Interest
As of 10-Dec-2001
Shares Short 1.50M
Percent of Float 4.8%
Shares Short
(Prior Month) 1.18M
Conclusion: moderate and no problem but out of date data

Clearstation:
Close Above the 50-day EMA - positive!
Last Price Quote is:
3.71%above 13-day EMA
3.36%above 50-day EMA
MACD - neutral - could be trending up
STO: nearing overbought
Conclusion: positive

Barcharts: Pivot point (1st resistance) = 39.29
Pivot point (2nd resistance) = 40.0
38.2% retracement from recent high (4wk)= 38.48
38.2% retracement from recent low (4wk)= 36.52
Conclusion: ?

Bigcharts: Boll.Band range = 34 - 41.8
20day sma= 37.7; 50day sma= 36.7
momentum (latest day) = slight neg.
money flow (latest day) = slight neg.
OBV (latest day) = slight neg.

Conclusion: Could go a little higher, but feel that 37+ is a safer entry point, especially with weak vol. on Friday. Suggest you check stockconsulant.com and watch news and analysts ratings this week and go to bigcharts and check OBV, Money Flow, Momentum, etc.

DISCLAIMER:
DO YOUR OWN DD and T/A (technical analysis); This is my opinion based on data from other websites which may not be accurate. I am not an expert at T/A; Remember fundamental news can always overshadow the T/A.
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