CEN Technical Analysis - GROUPE CRIT

Technical Rating and Analysis

Overall CEN gets a technical rating of 2 out of 10. In the past year, CEN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

88% of all other stocks performed better in the past year than CEN.

Warning: CEN has an average volume of 892 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

CEN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CEN is lagging the market slightly.

In the last month CEN has a been trading in the 55.60 - 61.80 range, which is quite wide. It is currently trading near the high of this range.

The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.

CEN is part of the Professional Services industry. There are 32 other stocks in this industry, CEN did better than 54% of them.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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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

The technical rating of CEN is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

55.43

72.52

When analyzing the support we can see 2 important areas.

A support zone ranging from 57.60 to 58.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 55.99 to 56.40. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

A resistance zone ranging from 61.81 to 61.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 63.00 to 63.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
Resistance @70.24 from a trend line in the weekly time frame.
Resistance @71.80 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 CEN.PA is down.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for CEN.PA is up.
ChartMill Relative Strength	12.75	NEGATIVE	CEN.PA has a low relative strength, it was outperformed by 87.25% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of CEN.PA is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of CEN.PA is above a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of CEN.PA is below the rising SMA(200).
Relative Strength Index/RSI (14)	63.06	NEUTRAL	The RSI value for CEN.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.53	POSITIVE	The MACD value suggests CEN.PA has a positive trend.
Stochastics (14,3)	98.67	OVERBOUGHT	The high Stochastics value suggests CEN.PA may be overbought.
Average True Range in percent/ATR (20)	1.57	LOW VOLATILITY	The low ATR as a percentage value for CEN.PA suggests low volalility.
Average Directional Index/ADX (14)	31.7	POSITIVE	The high ADX value value for CEN.PA suggests a strong trend.