CEN Technical Analysis - GROUPE CRIT

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to CEN. 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.

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

83% of all other stocks performed better in the past year than CEN.

Warning: CEN has an average volume of 752 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 64% of 29 stocks in the same industry.

In the last month CEN has a been trading in a tight range between 62.20 and 63.40.

Considerably lower volume is observed in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

CEN has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

61.38

72.52

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 62.39 to 64.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 70.86 to 71.80. This zone is formed by a combination of multiple trend lines in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	DOWN	NEGATIVE	The short term trend for CEN.PA is down.
ChartMill Relative Strength	17.16	NEGATIVE	CEN.PA has a low relative strength, it was outperformed by 82.84% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of CEN.PA is below a declining 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)	41.71	NEUTRAL	The RSI value for CEN.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.1	POSITIVE	The MACD value suggests CEN.PA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	22.22	NEUTRAL	The Stochastics value for CEN.PA is a neutral value.
Average True Range in percent/ATR (20)	0.8	LOW VOLATILITY	The low ATR as a percentage value for CEN.PA suggests low volalility.
Average Directional Index/ADX (14)	50.96	POSITIVE	The high ADX value value for CEN.PA suggests a strong trend.