CENTRAL PUERTO-SPONSORED ADR (CEPU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CEPU - US1550382014 - ADR
Taking everything into account, CEPU scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CEPU is showing a nice and steady performance.
CEPU has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 17.95. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CEPU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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7.80
2 important support areas can be observed.
- A support zone ranging from 16.04 to 16.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.88 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.95 to 17.95. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for CEPU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CEPU is neutral. |
| ChartMill Relative Strength | 93.5 | POSITIVE | CEPU has a high relative strength, it outperformed 93.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CEPU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEPU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CEPU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.98 | NEUTRAL | The RSI value for CEPU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests CEPU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.38 | NEUTRAL | The Stochastics value for CEPU is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for CEPU suggests some volalility. |
| Average Directional Index/ADX (14) | 23.88 | NEUTRAL | The ADX value for CEPU suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 17.96 | 16.03 | 1.93 (10.75%) | 9.31% |
| An entry @17.96. This is a Buy Stop order right above the resistance zone. | An exit @16.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.93 points, which is 10.75%. | When investing 9.31% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
16.95
+0.43 (+2.6%)
CENTRAL PUERTO-SPONSORED ADR / CEPU FAQ
Can you provide the ChartMill technical rating for CENTRAL PUERTO-SPONSORED ADR?
ChartMill assigns a technical rating of 8 / 10 to CEPU.
What is the current trend direction of CENTRAL PUERTO-SPONSORED ADR (CEPU) stock?
The current trend direction for CENTRAL PUERTO-SPONSORED ADR (CEPU) is Bullish.
Can you provide the RSI signal for CENTRAL PUERTO-SPONSORED ADR?
CENTRAL PUERTO-SPONSORED ADR (CEPU) has an RSI value of 53.9785. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CENTRAL PUERTO-SPONSORED ADR?
The short term momentum for CENTRAL PUERTO-SPONSORED ADR (CEPU) is neutral.
What are the support and resistance levels for CENTRAL PUERTO-SPONSORED ADR (CEPU) stock?
CENTRAL PUERTO-SPONSORED ADR (CEPU) has a support level at 16.18 and a resistance level at 17.95. Check the full technical report for our detailed analysis of CEPU support and resistance levels.