Taking everything into account, CENTA scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CENTA was also a bad performer in the overall market in the last year.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, CENTA is a bad performer in the overall market: 69% of all stocks are doing better.
- In the last month CENTA has a been trading in the 28.43 - 30.27 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- CENTA is part of the Household Products industry. There are 12 other stocks in this industry, CENTA did better than 63% of them.
- CENTA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CENTA is lagging the market.
Although the technical rating is bad, CENTA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 29.21, a Stop Loss order could be placed below this zone.
More info and screens
28.77
When analyzing the support we notice one important area.
- A support zone ranging from 29.06 to 29.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 29.38 to 29.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.94 to 30.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.07 from a trend line in the weekly time frame.
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 CENTA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CENTA is neutral. |
| ChartMill Relative Strength | 31.53 | NEUTRAL | CENTA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CENTA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CENTA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CENTA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.15 | NEUTRAL | The RSI value for CENTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CENTA has a negative trend. |
| Stochastics (14,3) | 51.04 | NEUTRAL | The Stochastics value for CENTA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for CENTA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.19 | NEGATIVE | The low ADX value for CENTA suggests a weak or negative trend. |
29.23
-0.28 (-0.95%)
CENTRAL GARDEN AND PET CO-A / CENTA FAQ
Can you provide the ChartMill technical rating for CENTRAL GARDEN AND PET CO-A?
ChartMill assigns a technical rating of 2 / 10 to CENTA.
What is the current trend direction of CENTRAL GARDEN AND PET CO-A (CENTA) stock?
The current trend direction for CENTRAL GARDEN AND PET CO-A (CENTA) is Bearish.
What is the RSI signal for CENTRAL GARDEN AND PET CO-A (CENTA) stock?
CENTRAL GARDEN AND PET CO-A (CENTA) has an RSI value of 47.1549. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CENTRAL GARDEN AND PET CO-A?
The short term momentum for CENTRAL GARDEN AND PET CO-A (CENTA) is neutral.