Taking everything into account, CENTA scores 5 out of 10 in our technical rating. In the past year, CENTA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, CENTA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 30.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.41, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
27.53
We found 3 important support areas.
- A support zone ranging from 29.74 to 30.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.28 to 28.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @27.81 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 30.46 to 30.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.42 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 | NEUTRAL | NEUTRAL | The long term trend for CENTA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CENTA is up. |
| ChartMill Relative Strength | 23.6 | NEGATIVE | CENTA has a low relative strength, it was outperformed by 76.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CENTA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CENTA is above 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) | 57.2 | NEUTRAL | The RSI value for CENTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CENTA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.66 | NEUTRAL | The Stochastics value for CENTA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for CENTA suggests some volalility. |
| Average Directional Index/ADX (14) | 31.53 | POSITIVE | The high ADX value value for CENTA suggests a strong trend. |
30.44
-0.14 (-0.46%)
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 5 / 10 to CENTA.
What is the trend direction for CENTA stock?
The current trend direction for CENTRAL GARDEN AND PET CO-A (CENTA) is Bearish.
Can you provide the RSI signal for CENTRAL GARDEN AND PET CO-A?
CENTRAL GARDEN AND PET CO-A (CENTA) has an RSI value of 57.2049. This indicates that the stock is currently neutral.
What is the MACD signal for CENTRAL GARDEN AND PET CO-A (CENTA) stock?
The MACD indicator for CENTRAL GARDEN AND PET CO-A (CENTA) has a value of 0.0259719, indicating a bearish trend.
What are the support and resistance levels for CENTRAL GARDEN AND PET CO-A (CENTA) stock?
CENTRAL GARDEN AND PET CO-A (CENTA) has a support level at 30.41 and a resistance level at 30.46. Check the full technical report for our detailed analysis of CENTA support and resistance levels.