NASDAQ:CRTO - Nasdaq - US2267181046 - ADR - Currency: USD
Taking everything into account, CRTO scores 0 out of 10 in our technical rating. CRTO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CRTO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 23.61, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CRTO in the last couple of days, which is a good sign.
22.92
We found 1 important support area.
3 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for CRTO is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRTO is down. |
ChartMill Relative Strength | 6.36 | NEGATIVE | CRTO has a low relative strength, it was outperformed by 93.64% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRTO is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRTO is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRTO is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 36.78 | NEUTRAL | The RSI value for CRTO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests CRTO has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 47.73 | NEUTRAL | The Stochastics value for CRTO is a neutral value. |
Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for CRTO suggests some volalility. |
Average Directional Index/ADX (14) | 12.9 | NEGATIVE | The low ADX value for CRTO suggests a weak or negative trend. |
23.73
-0.53 (-2.18%)