CTAC NV (CTAC.AS) Stock Technical Analysis
AMS:CTAC - Euronext Amsterdam - NL0000345577 - Common Stock - Currency: EUR
We assign a technical rating of 3 out of 10 to CTAC. In the last year, CTAC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
CTAC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CTAC is one of the better performing stocks in the IT Services industry, it outperforms 72% of 76 stocks in the same industry.
CTAC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CTAC is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that CTAC is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month CTAC has a been trading in a tight range between 3.32 and 3.40.
Considerably lower volume is observed in the last couple of days.
CTAC has a bad technical rating, but it does show a decent setup pattern. 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 3.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.33, a Stop Loss order could be placed below this zone.
More info and screens
2.78
3.65
We found 4 important support areas.
- A support zone ranging from 3.31 to 3.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.02 from a trend line in the weekly time frame.
- Support @2.86 from a trend line in the daily time frame.
- Support @2.81 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.34 to 3.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.51 to 3.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.61 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 | UP | POSITIVE | The long term trend for CTAC.AS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTAC.AS is down. |
| ChartMill Relative Strength | 76.28 | POSITIVE | CTAC.AS has a high relative strength, it outperformed 76.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTAC.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTAC.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTAC.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.46 | NEUTRAL | The RSI value for CTAC.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CTAC.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for CTAC.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for CTAC.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 24.3 | NEUTRAL | The ADX value for CTAC.AS suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
AMS:CTAC (5/30/2025, 7:00:00 PM)
3.34
-0.02 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.6%
1 Week-0.89%
2 Weeks0%
1 Month-0.89%
3 Month11.33%
6 Month14.78%
12 Month2.14%
2 Year-13.92%
3 Year-15.66%
5 Year99.4%
10 Year73.96%
15 Year70.41%
Volatility
ATR(14)0.03
ATR(20)%0.97%
ATR Inc-10.64%
Range Today0.03
ADR(20)0.03
ADR(20)%0.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.28
Mansfield0.46
10 Day High3.37
10 Day Low3.32
20 Day High3.4
20 Day Low3.32
52 Week High3.6
52 Week Low2.65
CS1 End3.33
CR1 Start3.34
Volume & EV
DER(3)0%
DER(5)0%
Volume1.80K
Volume Incr-69.69%
Vol(5)4.17K
Vol(50)30.40K