CENTRAL SECURITIES CORP (CET) Stock Technical Analysis
NYSEARCA:CET - US1551231020
49.93 USD
-0.02 (-0.05%)
49.64 USD
-0.29 (-0.58%)
Taking everything into account, CET scores 8 out of 10 in our technical rating. 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.
Warning: CET has an average volume of 18194 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
CET is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, CET turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
In the last month CET has a been trading in a tight range between 47.76 and 50.55.
Volume is considerably higher in the last couple of days.
Although CET has an excellent technical rating, the quality of the presented setup is 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
42.41
50.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 46.85 to 49.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.84 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.96 to 49.96. 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 | 65.91 | 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) | 66.21 | NEUTRAL | The RSI value for CET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CET has a positive trend. |
| Stochastics (14,3) | 68.96 | NEUTRAL | The Stochastics value for CET is a neutral value. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for CET suggests low volalility. |
| Average Directional Index/ADX (14) | 27.44 | POSITIVE | The high ADX value value for CET suggests a strong 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)
49.93
-0.02 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.05%
1 Week0.58%
2 Weeks2.43%
1 Month2.97%
3 Month7.45%
6 Month6.44%
12 Month11.88%
2 Year38.69%
3 Year38.35%
5 Year68.8%
10 Year149.53%
15 Year172.54%
Volatility
ATR(14)0.62
ATR(20)%1.16%
ATR Inc102.35%
Range Today0.82
ADR(20)0.55
ADR(20)%1.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.91
Mansfield-0.15
10 Day High50.55
10 Day Low48.54
20 Day High50.55
20 Day Low47.76
52 Week High50.55
52 Week Low40.24
CS1 End49.7
CR1 Start49.96
Volume & EV
DER(3)-2.41%
DER(5)-3.4%
Volume21.80K
Volume Incr39.37%
Vol(5)24.64K
Vol(50)18.19K