(CNP.PA) Stock Technical Analysis
EPA:CNP - Euronext Paris - Matif - FR0000120222 - Currency: EUR
Overall CNP gets a technical rating of 3 out of 10. CNP was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
CNP is one of the better performing stocks in the Insurance industry, it outperforms 94% of 39 stocks in the same industry.
CNP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CNP is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that CNP is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month CNP has a been trading in a tight range between 20.82 and 20.94.
Volume is considerably higher in the last couple of days.
The technical rating of CNP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.55
22.08
We found 3 important support areas.
- A support zone ranging from 20.81 to 20.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.57 from a trend line in the weekly time frame.
- Support @14.70 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.90 to 21.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.66 to 21.86. 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 CNP.PA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNP.PA is down. |
| ChartMill Relative Strength | 92.66 | POSITIVE | CNP.PA has a high relative strength, it outperformed 92.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNP.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNP.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNP.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 19.26 | OVERSOLD | The low RSI value suggests CNP.PA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CNP.PA has a positive trend, although the MACD value is declining. |
| Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for CNP.PA suggests low volalility. |
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)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.38%
1 Week-0.48%
2 Weeks-0.38%
1 Month-0.38%
3 Month-4.23%
6 Month-3.66%
12 Month42.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.12%
ATR Inc133.33%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.66
Mansfield1.9
10 Day High20.94
10 Day Low20.82
20 Day High20.94
20 Day Low20.82
52 Week High21.9
52 Week Low13.06
CS1 End20.81
CR1 Start20.9
Volume & EV
DER(3)0.48%
DER(5)-0.24%
Volume46.34K
Volume Incr549.25%
Vol(5)3.21M
Vol(50)691.86K