The technical summary data tells us to buy CULP near 5.3 with an upside target of 6.15. This data also tells us to set a stop loss @ 5.28 to protect against excessive loss in case the stock begins to move against the trade. 5.3 is the first level of support below 5.47 , and by rule, any test of support is a buy signal. In this case, support 5.3 is being tested, a buy signal would exist.

The technical summary data is suggesting a short of CULP as it gets near 6.15 with a downside target of 5.3. We should have a stop loss in place at 6.17though. 6.15 is the first level of resistance above 5.47, and by rule, any test of resistance is a short signal. In this case, if resistance 6.15 is being tested, a short signal would exist.