CENTURY ALUMINUM COMPANY (CENX) Stock Technical Analysis
USA - NASDAQ:CENX - US1564311082 - Common Stock
We assign a technical rating of 9 out of 10 to CENX. Both in the recent history as in the last year, CENX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although CENX 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.
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17.36
When analyzing the support we can see 4 important areas.
- A support zone ranging from 29.62 to 29.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.06 to 28.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.28 from a trend line in the daily time frame.
- Support @17.54 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 | UP | POSITIVE | The long term trend for CENX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CENX is neutral. |
| ChartMill Relative Strength | 92.48 | POSITIVE | CENX has a high relative strength, it outperformed 92.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CENX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CENX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CENX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.23 | NEUTRAL | The RSI value for CENX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CENX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.94 | NEUTRAL | The Stochastics value for CENX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.25 | HIGH VOLATILITY | The high ATR as a percentage value for CENX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.64 | NEGATIVE | The low ADX value for CENX suggests a weak or negative trend. |
33.05
+4.07 (+14.04%)
CENTURY ALUMINUM COMPANY / CENX FAQ
Can you provide the ChartMill technical rating for CENTURY ALUMINUM COMPANY?
ChartMill assigns a technical rating of 9 / 10 to CENX.
What is the current trend direction of CENTURY ALUMINUM COMPANY (CENX) stock?
The current trend direction for CENTURY ALUMINUM COMPANY (CENX) is Bullish.
What is the RSI signal for CENTURY ALUMINUM COMPANY (CENX) stock?
CENTURY ALUMINUM COMPANY (CENX) has an RSI value of 61.2325. This indicates that the stock is currently neutral.
What is the support and resistance level for CENX stock?
CENTURY ALUMINUM COMPANY (CENX) has a support level at 29.79. Check the full technical report for our detailed analysis of CENX support and resistance levels.