Overall CENT gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CENT is only an average performer.
- CENT is one of the lesser performing stocks in the Household Products industry. 63% of 12 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- CENT 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 CENT is lagging the market slightly.
- In the last month CENT has a been trading in the 31.25 - 38.43 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, CENT outperforms 58% of them, which is more or less in line with 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 offer a high quality setup 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
31.47
2 important support areas can be observed.
- Support @32.75 from a trend line in the daily time frame.
- A support zone ranging from 31.79 to 32.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 37.63 to 37.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @39.63 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 40.30 to 41.08. 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 | 58.2 | 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) | 72.44 | OVERBOUGHT | The high RSI value suggests CENT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests CENT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.8 | OVERBOUGHT | The high Stochastics value suggests CENT may be overbought. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for CENT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.09 | NEGATIVE | The low ADX value for CENT suggests a weak or negative trend. |
37.34
-0.39 (-1.05%)
CENTRAL GARDEN & PET CO / CENT FAQ
Can you provide the ChartMill technical rating for CENTRAL GARDEN & PET CO?
ChartMill assigns a technical rating of 8 / 10 to CENT.
What is the trend direction for CENT stock?
The current trend direction for CENTRAL GARDEN & PET CO (CENT) is Bullish.
Can you provide the RSI signal for CENTRAL GARDEN & PET CO?
CENTRAL GARDEN & PET CO (CENT) has an RSI value of 72.4407. This indicates that the stock is currently overbought.
What is the short term momentum for CENT stock?
The short term momentum for CENTRAL GARDEN & PET CO (CENT) is positive.
Can you provide the buy/sell signal for CENTRAL GARDEN & PET CO?
The buy/sell signal for CENTRAL GARDEN & PET CO (CENT) is buy as both the short term and long term trends are positive.