CoStar provides commercial real estate information, analytics and online marketplaces.
Let's check out the charts.
In the daily bar chart of CSGP, below, we can see that the shares have displayed a choppy sideways trading pattern since August. Prices have crisscrossed the 50-day moving average line many times in the past months. Currently, CSGP is trading below the cresting 50-day moving average line and the cresting 200-day moving average line.
The On-Balance-Volume (OBV) line shows a peak with prices back in early August but the line declines faster from February of this year telling us that sellers of CSGP have been more aggressive. The Moving Average Convergence Divergence (MACD) oscillator is below the zero line in sell territory but poised to cross to the upside for a possible cover shorts buy signal.