CENTRAL GARDEN & PET CO (CENT) Technical Analysis
NASDAQ:CENT • US1535271068
We assign a technical rating of 5 out of 10 to CENT. In the last year, CENT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month CENT has a been trading in the 35.85 - 39.98 range, which is quite wide. It is currently trading near the lows of this range.
- CENT is one of the better performing stocks in the Household Products industry, it outperforms 72% of 12 stocks in the same industry.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- 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 54% 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.
CENT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
31.33
2 important support areas can be observed.
- Support @33.61 from a trend line in the daily time frame.
- A support zone ranging from 31.65 to 32.02. 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 39.44 to 41.07. 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 | DOWN | NEGATIVE | The short term trend for CENT is down. |
| ChartMill Relative Strength | 54.55 | NEUTRAL | CENT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CENT is below a declining 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) | 46.09 | NEUTRAL | The RSI value for CENT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests CENT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.76 | NEUTRAL | The Stochastics value for CENT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for CENT suggests some volalility. |
| Average Directional Index/ADX (14) | 18.82 | NEGATIVE | The low ADX value for CENT suggests a weak or negative trend. |
CENT Technicals: Chart, Performance Metrics, Trend & Indicators
36.8
+0.13 (+0.35%)
CENTRAL GARDEN & PET CO / CENT FAQ
Can you provide the ChartMill technical rating for CENTRAL GARDEN & PET CO?
ChartMill assigns a technical rating of 5 / 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 46.0908. This indicates that the stock is currently neutral.
What is the short term momentum for CENT stock?
The short term momentum for CENTRAL GARDEN & PET CO (CENT) is negative.
Can you provide the buy/sell signal for CENTRAL GARDEN & PET CO?
The buy/sell signal for CENTRAL GARDEN & PET CO (CENT) is hold as the short term and long term trends are mixed.