CENTRICA PLC (CNA.L) Stock Technical Analysis
LON:CNA - London Exchange - GB00B033F229 - Common Stock - Currency: GBX
Taking everything into account, CNA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CNA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, CNA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 166.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 162.85, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CNA 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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145.33
When analyzing the support we can see 4 important areas.
- A support zone ranging from 159.34 to 162.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 156.46 to 156.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 153.19 to 153.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @146.80 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 166.46 to 169.43. 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 CNA.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNA.L is up. |
| ChartMill Relative Strength | 81.98 | POSITIVE | CNA.L has a high relative strength, it outperformed 81.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNA.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNA.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNA.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.3 | NEUTRAL | The RSI value for CNA.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.88 | POSITIVE | The MACD value suggests CNA.L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.16 | OVERBOUGHT | The high Stochastics value suggests CNA.L may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for CNA.L suggests some volalility. |
| Average Directional Index/ADX (14) | 16 | NEGATIVE | The low ADX value for CNA.L suggests a weak or negative 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 |
|---|---|---|---|
| 169.44 | 159.33 | 10.11 (5.97%) | 16.76% |
| An entry @169.44. This is a Buy Stop order right above the resistance zone. | An exit @159.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 10.11 points, which is 5.97%. | When investing 16.76% 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.
LON:CNA (8/5/2025, 5:29:58 PM)
164.55
-1.45 (-0.87%)