CENTRAL GARDEN & PET CO (CENT) Stock Technical Analysis
NASDAQ:CENT - Nasdaq - US1535271068 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CENT. Although CENT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
CENT is part of the Household Products industry. There are 12 other stocks in this industry. CENT outperforms 81% of them.
In the last month CENT has a been trading in the 34.06 - 40.55 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, CENT turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
CENT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CENT is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CENT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
33.16
40.93
We found 3 important support areas.
- A support zone ranging from 35.55 to 35.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Strong support @34.38 from a horizontal line in the daily time frame.
- A support zone ranging from 33.49 to 33.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.52 to 40.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for CENT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CENT is up. |
| ChartMill Relative Strength | 57.78 | NEUTRAL | CENT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CENT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CENT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CENT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.24 | OVERBOUGHT | The high RSI value suggests CENT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests CENT has a positive trend. |
| Stochastics (14,3) | 94.27 | OVERBOUGHT | The high Stochastics value suggests CENT may be overbought. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for CENT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.45 | NEGATIVE | The low ADX value for CENT suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
40.51
+0.46 (+1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryHousehold Products
Performance
% Chg1.15%
1 Week13.92%
2 Weeks14.56%
1 Month14.05%
3 Month16.41%
6 Month11.72%
12 Month3.47%
2 Year0.07%
3 Year-6.53%
5 Year7%
10 Year340.81%
15 Year289.15%
Volatility
ATR(14)0.94
ATR(20)%2.2%
ATR Inc244.1%
Range Today1.07
ADR(20)0.84
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.78
Mansfield0.15
10 Day High40.55
10 Day Low35.08
20 Day High40.55
20 Day Low34.06
52 Week High43.88
52 Week Low31.97
CS1 End35.83
CR1 Start40.52
Volume & EV
DER(3)-1.73%
DER(5)0.09%
Volume79.90K
Volume Incr-10.54%
Vol(5)83.70K
Vol(50)98.82K