CENTRAL SECURITIES CORP (CET) Stock Technical Analysis
USA - NYSEARCA:CET - US1551231020
Overall CET gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CET is only an average performer.
Besides having an excellent technical rating, CET also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 51.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.03, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
42.66
When analyzing the support we can see 3 important areas.
- A support zone ranging from 49.29 to 51.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.85 to 47.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.09 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 51.10 to 51.10. 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 | UP | POSITIVE | The long term trend for CET is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CET is up. |
| ChartMill Relative Strength | 61.84 | NEUTRAL | CET is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CET is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CET is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CET is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.09 | OVERBOUGHT | The high RSI value suggests CET may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CET has a positive trend. |
| Stochastics (14,3) | 74.57 | NEUTRAL | The Stochastics value for CET is a neutral value. |
| Average True Range in percent/ATR (20) | 1.29 | LOW VOLATILITY | The low ATR as a percentage value for CET suggests low volalility. |
| Average Directional Index/ADX (14) | 37.3 | POSITIVE | The high ADX value value for CET suggests a strong 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 |
|---|---|---|---|
| 51.11 | 49.99 | 1.12 (2.19%) | 25.00% |
| An entry @51.11. This is a Buy Stop order right above the resistance zone. | An exit @49.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.12 points, which is 2.19%. | For a 0.55% total portfolio risk, you can invest 25.00% 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.
NYSEARCA:CET (9/19/2025, 9:30:00 AM)
51.09
0 (0%)