CONCENTRA GROUP HOLDINGS PAR (CON) Stock Technical Analysis
USA - NYSE:CON - US20603L1026 - Common Stock
20.66 USD
-0.36 (-1.71%)
20.66 USD
0 (0%)
We assign a technical rating of 1 out of 10 to CON. CON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, CON is a bad performer in the overall market: 80% of all stocks are doing better.
In the last month CON has a been trading in the 20.65 - 23.99 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CON is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, CON did better than 51% of them.
CON is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CON is lagging the market.
The technical rating of CON is bad and it also does not present a quality setup 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.
More info and screens
19.29
24.69
We found 2 important support 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 21.52 to 21.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.52 to 23.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.45 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for CON is down. |
| ChartMill Relative Strength | 20.75 | NEGATIVE | CON has a low relative strength, it was outperformed by 79.25% off all stocks 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) | DOWN | NEGATIVE | The current price of CON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.03 | NEUTRAL | The RSI value for CON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests CON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.99 | OVERSOLD | The low Stochastics value suggests CON may be oversold. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for CON suggests some volalility. |
| Average Directional Index/ADX (14) | 34.5 | POSITIVE | The high ADX value value for CON suggests a strong trend. |
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)
20.66
-0.36 (-1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-1.71%
1 Week-6.73%
2 Weeks-10.52%
1 Month-10.21%
3 Month-0.39%
6 Month-0.77%
12 Month-9.62%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%3.19%
ATR Inc-32.15%
Range Today0.52
ADR(20)0.63
ADR(20)%3.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.75
Mansfield-1.32
10 Day High23.27
10 Day Low20.65
20 Day High23.99
20 Day Low20.65
52 Week High24.32
52 Week Low18.89
CS1 End20.6
CR1 Start21.52
Volume & EV
DER(3)-2.83%
DER(5)-3.3%
Volume2.80M
Volume Incr43.31%
Vol(5)1.40M
Vol(50)962.33K