CLS Technical Analysis - CELESTICA INC

Technical Rating and Analysis

Taking everything into account, CLS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CLS has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.

Looking at the yearly performance, CLS did better than 98% of all other stocks. On top of that, CLS also shows a nice and consistent pattern of rising prices.

CLS is part of the Electronic Equipment, Instruments & Components industry. There are 13 other stocks in this industry. CLS outperforms 100% of them.

CLS 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.

In the last month CLS has a been trading in the 240.49 - 354.50 range, which is quite wide. It is currently trading near the high of this range.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although CLS has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

271.02

337.88

We found 2 important support areas.

A support zone ranging from 334.52 to 334.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @273.76 from a trend line in the daily time frame.

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Technical Indicator Signal Analysis

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 CLS.CA is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for CLS.CA is up.
ChartMill Relative Strength	98.21	POSITIVE	CLS.CA has a high relative strength, it outperformed 98.21% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of CLS.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of CLS.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of CLS.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)	67.07	NEUTRAL	The RSI value for CLS.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	4.61	POSITIVE	The MACD value suggests CLS.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	87.66	OVERBOUGHT	The high Stochastics value suggests CLS.CA may be overbought.
Average True Range in percent/ATR (20)	4.79	MEDIUM VOLATILITY	The ATR as a percentage value for CLS.CA suggests some volalility.
Average Directional Index/ADX (14)	36.66	POSITIVE	The high ADX value value for CLS.CA suggests a strong trend.