USA - NASDAQ:CRTO - US2267181046 - ADR
Taking everything into account, CRTO scores 2 out of 10 in our technical rating. In the past year, CRTO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, CRTO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 22.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.72, a Stop Loss order could be placed below this zone.
21.28
We found 1 important support 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 | DOWN | NEGATIVE | The long term trend for CRTO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRTO is up. |
| ChartMill Relative Strength | 13.13 | NEGATIVE | CRTO has a low relative strength, it was outperformed by 86.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRTO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CRTO is above 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) | 59.3 | 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. |
| Stochastics (14,3) | 72.46 | NEUTRAL | The Stochastics value for CRTO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for CRTO suggests some volalility. |
| Average Directional Index/ADX (14) | 24.4 | NEUTRAL | The ADX value for CRTO suggests a possible start of a new trend. |
22.84
+0.33 (+1.47%)
ChartMill assigns a technical rating of 2 / 10 to CRTO.
The current trend direction for CRITEO SA-SPON ADR (CRTO) is Bearish.
CRITEO SA-SPON ADR (CRTO) has an RSI value of 59.3006. This indicates that the stock is currently neutral.
The MACD indicator for CRITEO SA-SPON ADR (CRTO) has a value of 0.169025, indicating a bearish trend.
CRITEO SA-SPON ADR (CRTO) has a support level at 21.72 and a resistance level at 22.88. Check the full technical report for our detailed analysis of CRTO support and resistance levels.