CEN Technical Analysis - GROUPE CRIT

Technical Rating and Analysis

Taking everything into account, CEN scores 1 out of 10 in our technical rating. CEN'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.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.

When comparing the yearly performance of all stocks, CEN is a bad performer in the overall market: 89% of all stocks are doing better.

In the last month CEN has a been trading in the 55.60 - 62.00 range, which is quite wide. It is currently trading near the lows of this range.

Warning: CEN has an average volume of 889 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.

CEN is an average performer in the Professional Services industry, it outperforms 51% of 32 stocks in the same industry.

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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 notice one important area.

A support zone ranging from 55.99 to 55.99. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

A resistance zone ranging from 60.41 to 61.14. This zone is formed by a combination of multiple trend lines and important moving averages 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	NEUTRAL	NEUTRAL	The short term trend for CEN.PA is neutral.
ChartMill Relative Strength	11.36	NEGATIVE	CEN.PA has a low relative strength, it was outperformed by 88.64% 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	NEGATIVE	The current price of CEN.PA is below 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)	56.97	NEUTRAL	The RSI value for CEN.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.07	POSITIVE	The MACD value suggests CEN.PA has a positive trend.
Stochastics (14,3)	32.22	NEUTRAL	The Stochastics value for CEN.PA is a neutral value.
Average True Range in percent/ATR (20)	1.77	LOW VOLATILITY	The low ATR as a percentage value for CEN.PA suggests low volalility.
Average Directional Index/ADX (14)	35.61	POSITIVE	The high ADX value value for CEN.PA suggests a strong trend.