CA Technical Analysis - CARREFOUR SA

Technical Rating and Analysis

Overall CA gets a technical rating of 0 out of 10. CA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, CA is a bad performer in the overall market: 90% of all stocks are doing better.

CA is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 80% of 22 stocks in the same industry do better.

CA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month CA has a been trading in the 11.94 - 12.82 range, which is quite wide. It is currently trading near the lows of this range.

CA has an average volume of 2465210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, CA does present a nice setup opportunity. Prices have been consolidating lately.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

11.83

16.57

5 important resistance areas can be observed.

A resistance zone ranging from 12.05 to 12.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 12.44 to 12.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 12.87 to 13.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @13.85 from a trend line in the weekly time frame.
Resistance @16.41 from a horizontal line in the weekly time frame.

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What is Support and Resistance

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for CA.PA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for CA.PA is down.
ChartMill Relative Strength	10.22	NEGATIVE	CA.PA has a low relative strength, it was outperformed by 89.78% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of CA.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of CA.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of CA.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	35.93	NEUTRAL	The RSI value for CA.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests CA.PA has a negative trend.
Stochastics (14,3)	26.06	NEUTRAL	The Stochastics value for CA.PA is a neutral value.
Average True Range in percent/ATR (20)	1.69	LOW VOLATILITY	The low ATR as a percentage value for CA.PA suggests low volalility.
Average Directional Index/ADX (14)	22.24	NEUTRAL	The ADX value for CA.PA suggests a possible start of a new trend.