CENTRAL GARDEN & PET CO (CENT) Stock Technical Analysis
USA - NASDAQ:CENT - US1535271068 - Common Stock
Overall CENT gets a technical rating of 1 out of 10. CENT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CENT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 32.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.35, a Stop Loss order could be placed below this zone.
More info and screens
30.62
When analyzing the support we notice one important area.
- A support zone ranging from 30.93 to 31.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 32.01 to 33.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.49 from a trend line in the weekly time frame.
- A resistance zone ranging from 39.63 to 40.72. 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 | DOWN | NEGATIVE | The long term trend for CENT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CENT is neutral. |
| ChartMill Relative Strength | 20.97 | NEGATIVE | CENT has a low relative strength, it was outperformed by 79.03% off all stocks 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) | DOWN | NEGATIVE | The current price of CENT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CENT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.12 | NEUTRAL | The RSI value for CENT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests CENT has a positive trend. |
| Stochastics (14,3) | 51.67 | NEUTRAL | The Stochastics value for CENT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for CENT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.07 | NEUTRAL | The ADX value for CENT suggests a possible start of a new trend. |
31.42
+0.14 (+0.45%)
CENTRAL GARDEN & PET CO / CENT FAQ
Can you provide the ChartMill technical rating for CENTRAL GARDEN & PET CO?
ChartMill assigns a technical rating of 1 / 10 to CENT.
Can you provide the trend direction for CENTRAL GARDEN & PET CO?
The current trend direction for CENTRAL GARDEN & PET CO (CENT) is Bearish.
Can you provide the RSI signal for CENTRAL GARDEN & PET CO?
CENTRAL GARDEN & PET CO (CENT) has an RSI value of 48.1181. This indicates that the stock is currently neutral.
What is the MACD signal for CENTRAL GARDEN & PET CO (CENT) stock?
The MACD indicator for CENTRAL GARDEN & PET CO (CENT) has a value of 0.168255, indicating a bearish trend.