CPR Technical Analysis - DAVIDE CAMPARI-MILANO NV

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to CPR. CPR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

86% of all other stocks performed better in the past year than CPR.

CPR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month CPR has a been trading in the 5.59 - 6.83 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.

CPR has an average volume of 6256440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

CPR is an average performer in the Beverages industry, it outperforms 65% of 24 stocks in the same industry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

DAVIDE CAMPARI-MILANO NV / CPR Weekly stock chart

DAVIDE CAMPARI-MILANO NV / CPR Daily stock chart

Setup Rating and Analysis

The technical rating of CPR 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

5.51

6.61

When analyzing the support we notice one important area.

A support zone ranging from 5.57 to 5.57. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice one important area.

Resistance @6.54 from a trend line in the weekly time frame.

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Technical Indicator Signal Analysis

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 CPR.MI is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for CPR.MI is down.
ChartMill Relative Strength	14.03	NEGATIVE	CPR.MI has a low relative strength, it was outperformed by 85.97% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of CPR.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of CPR.MI is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of CPR.MI is below a declining SMA(200).
Relative Strength Index/RSI (14)	22.9	OVERSOLD	The low RSI value suggests CPR.MI may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.1	NEGATIVE	The MACD value suggests CPR.MI has a negative trend, although the MACD value is rising.
Stochastics (14,3)	1.22	OVERSOLD	The low Stochastics value suggests CPR.MI may be oversold.
Average True Range in percent/ATR (20)	2.57	MEDIUM VOLATILITY	The ATR as a percentage value for CPR.MI suggests some volalility.
Average Directional Index/ADX (14)	26.68	POSITIVE	The high ADX value value for CPR.MI suggests a strong trend.