USA - NYSE:CON - US20603L1026 - Common Stock
Taking everything into account, CON scores 3 out of 10 in our technical rating. CON has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
CON has a poor technical rating and the quality of the setup is also not perfect 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.
19.10
When analyzing the support we notice one important area.
We can see 3 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for CON is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CON is neutral. |
ChartMill Relative Strength | 51.24 | NEUTRAL | CON is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CON is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of CON is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of CON is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 36.33 | NEUTRAL | The RSI value for CON is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CON has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 44.85 | NEUTRAL | The Stochastics value for CON is a neutral value. |
Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for CON suggests some volalility. |
Average Directional Index/ADX (14) | 36.2 | POSITIVE | The high ADX value value for CON suggests a strong trend. |
20.31
-0.56 (-2.68%)