CERTARA INC (CERT) Stock Technical Analysis
NASDAQ:CERT - Nasdaq - US15687V1098 - Common Stock - Currency: USD
Taking everything into account, CERT scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CERT was also a bad performer in the overall market in the last year.
CERT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.37, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CERT 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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10.88
We found 2 important support areas.
- A support zone ranging from 11.35 to 11.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.99 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 12.19 to 12.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.55 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.23 to 14.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CERT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CERT is neutral. |
| ChartMill Relative Strength | 30.63 | NEUTRAL | CERT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CERT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CERT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CERT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.46 | NEUTRAL | The RSI value for CERT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests CERT has a positive trend. |
| Stochastics (14,3) | 78.16 | NEUTRAL | The Stochastics value for CERT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for CERT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.27 | NEGATIVE | The low ADX value for CERT suggests a weak or negative trend. |
12.18
+0.19 (+1.58%)