CRITEO SA-SPON ADR (CRTO) Stock Technical Analysis
NASDAQ:CRTO • US2267181046
We assign a technical rating of 0 out of 10 to CRTO. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 90% of all other stocks performed better in the past year than CRTO.
- CRTO is one of the lesser performing stocks in the Media industry. 60% of 91 stocks in the same industry do better.
- 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 - 19.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
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 17.88. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CRTO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
17.69
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 17.88 to 18.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.26 to 19.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.94 from a trend line 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 | 10.39 | NEGATIVE | CRTO has a low relative strength, it was outperformed by 89.61% 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) | 44.31 | NEUTRAL | The RSI value for CRTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CRTO has a positive trend. |
| Stochastics (14,3) | 48.78 | NEUTRAL | The Stochastics value for CRTO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.69 | HIGH VOLATILITY | The high ATR as a percentage value for CRTO suggests high volalility. |
| Average Directional Index/ADX (14) | 37.27 | POSITIVE | The high ADX value value for CRTO suggests a strong trend. |
17.87
-0.12 (-0.67%)
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 44.3088. 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.