CENTRAL GARDEN AND PET CO-A (CENTA) Technical Analysis
NASDAQ:CENTA • US1535272058
Current stock price
CENTA Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to CENTA. CENTA has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month CENTA has a been trading in the 31.04 - 35.50 range, which is quite wide. It is currently trading near the lows of this range.
- CENTA 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, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, CENTA outperforms 61% of them, which is more or less in line with the market.
- CENTA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CENTA is lagging the market slightly.
CENTA Weekly and Daily overview Charts
CENTA Setup Rating and Analysis
Although the technical rating is bad, CENTA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 31.45, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CENTA Support and Resistance Analysis
28.77
2 important support areas can be observed.
- A support zone ranging from 30.77 to 31.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 29.06 to 29.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 31.92 to 32.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.98 to 35.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.87 from a horizontal line in the daily time frame.
CENTA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for CENTA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CENTA is down. |
| ChartMill Relative Strength | 61.14 | NEUTRAL | CENTA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CENTA is below a declining 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 | MIXED | The current price of CENTA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.54 | NEUTRAL | The RSI value for CENTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests CENTA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.77 | OVERSOLD | The low Stochastics value suggests CENTA may be oversold. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for CENTA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.67 | NEUTRAL | The ADX value for CENTA suggests a possible start of a new trend. |
CENTA Chart- and CandleStick Pattern Analysis
CENTA Technicals: Chart, Performance Metrics, Trend & Indicators
31.46
-0.28 (-0.88%)
CENTRAL GARDEN AND PET CO-A / CENTA TA FAQ
Can you provide the ChartMill technical rating for CENTRAL GARDEN AND PET CO-A?
ChartMill assigns a technical rating of 3 / 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 37.5416. 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 negative.