CONCENTRA GROUP HOLDINGS PAR (CON) Stock Technical Analysis
NYSE:CON - US20603L1026 - Common Stock
Overall CON gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CON is a bad performer.
Besides having an excellent technical rating, CON also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 23.60. Right above this resistance zone may be a good entry point. 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
19.29
When analyzing the support we can see 2 important areas.
- Support @20.60 from a horizontal line in the daily time frame.
- A support zone ranging from 19.48 to 19.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 23.60 to 23.65. 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 CON is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CON is up. |
| ChartMill Relative Strength | 31.07 | NEUTRAL | CON is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CON is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CON is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CON is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.68 | NEUTRAL | The RSI value for CON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests CON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.27 | OVERBOUGHT | The high Stochastics value suggests CON may be overbought. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for CON suggests some volalility. |
| Average Directional Index/ADX (14) | 38.37 | POSITIVE | The high ADX value value for CON 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 |
|---|---|---|---|
| 23.66 | 22.13 | 1.53 (6.47%) | 15.46% |
| An entry @23.66. This is a Buy Stop order right above the resistance zone. | An exit @22.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.53 points, which is 6.47%. | When investing 15.46% 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.
NYSE:CON (8/27/2025, 10:38:57 AM)
22.88
+0.02 (+0.09%)