CENTURY ALUMINUM COMPANY (CENX) Stock Technical Analysis
NASDAQ:CENX - Nasdaq - US1564311082 - Common Stock - Currency: USD
Overall CENX gets a technical rating of 6 out of 10. In the last year, CENX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
CENX is one of the lesser performing stocks in the Metals & Mining industry. 67% of 154 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CENX has an average volume of 1561560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, CENX turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
CENX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CENX is lagging the market.
In the last month CENX has a been trading in the 16.59 - 20.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CENX has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
15.04
20.65
3 important support areas can be observed.
- A support zone ranging from 16.91 to 17.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.05 from a trend line in the weekly time frame.
- A support zone ranging from 15.19 to 15.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @19.04 from a trend line in the weekly time frame.
- A resistance zone ranging from 19.53 to 19.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.12 from a horizontal line in the daily time frame.
- Resistance @20.45 from a horizontal line in the daily 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 CENX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CENX is up. |
| ChartMill Relative Strength | 49.13 | NEUTRAL | CENX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CENX is above a declining 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) | 58.79 | NEUTRAL | The RSI value for CENX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CENX has a positive trend. |
| Stochastics (14,3) | 68.97 | NEUTRAL | The Stochastics value for CENX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for CENX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.64 | NEGATIVE | The low ADX value for CENX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.05 | 16.58 | 2.47 (12.97%) | 7.71% |
| An entry @19.05. This is a Buy Stop order right above the resistance zone. | An exit @16.58. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.47 points, which is 12.97%. | For a 1.00% total portfolio risk, you can invest 7.71% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
18.85
-0.02 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.11%
1 Week3.34%
2 Weeks9.21%
1 Month-4.46%
3 Month25.71%
6 Month9.02%
12 Month-6.5%
2 Year102.69%
3 Year138.91%
5 Year116.42%
10 Year102.25%
15 Year80.73%
Volatility
ATR(14)0.85
ATR(20)%4.25%
ATR Inc-12.82%
Range Today0.56
ADR(20)0.77
ADR(20)%4.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.13
Mansfield-0.1
10 Day High19.35
10 Day Low16.59
20 Day High20.41
20 Day Low16.59
52 Week High25.39
52 Week Low11.4
CS1 End17.89
CR1 Start19.04
Volume & EV
DER(3)-1.06%
DER(5)0.01%
Volume670.80K
Volume Incr-21.31%
Vol(5)1.35M
Vol(50)1.56M