CRITEO SA-SPON ADR (CRTO) Stock Technical Analysis
NASDAQ:CRTO • US2267181046
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CRTO is a bad performer in the overall market: 91% of all stocks are doing better.
- CRTO is part of the Media industry. There are 91 other stocks in this industry, of which 62% are performing better than CRTO.
- CRTO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month CRTO has a been trading in the 16.15 - 20.86 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of CRTO 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
16.47
When analyzing the support we notice one important area.
- A support zone ranging from 16.64 to 16.66. 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 18.62 to 18.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 19.41 to 19.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @21.00 from a horizontal line in the daily 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 | 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 | 9.27 | NEGATIVE | CRTO has a low relative strength, it was outperformed by 90.73% 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) | 31.62 | NEUTRAL | The RSI value for CRTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests CRTO has a negative trend. |
| Stochastics (14,3) | 30.43 | NEUTRAL | The Stochastics value for CRTO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for CRTO suggests high volalility. |
| Average Directional Index/ADX (14) | 34.37 | POSITIVE | The high ADX value value for CRTO suggests a strong trend. |
17.52
+0.87 (+5.23%)
CRITEO SA-SPON ADR / CRTO FAQ
What is the ChartMill technical rating of CRITEO SA-SPON ADR (CRTO) stock?
ChartMill assigns a technical rating of 0 / 10 to CRTO.
What is the trend direction for CRTO stock?
The current trend direction for CRITEO SA-SPON ADR (CRTO) is Bearish.
What is the RSI signal for CRITEO SA-SPON ADR (CRTO) stock?
CRITEO SA-SPON ADR (CRTO) has an RSI value of 31.6168. This indicates that the stock is currently neutral.
What is the short term momentum for CRTO stock?
The short term momentum for CRITEO SA-SPON ADR (CRTO) is negative.
What is the buy/sell signal for CRITEO SA-SPON ADR (CRTO) stock?
The buy/sell signal for CRITEO SA-SPON ADR (CRTO) is sell as both the short term and long term trends are negative.