CONVATEC GROUP PLC (CTEC.L) Stock Technical Analysis
Europe - LON:CTEC - GB00BD3VFW73 - Common Stock
We assign a technical rating of 1 out of 10 to CTEC. CTEC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CTEC 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 support zone below the current price at 228.85, a Stop Loss order could be placed below this zone.
More info and screens
223.34
We found 1 important support area.
- A support zone ranging from 225.60 to 228.85. 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 238.53 to 241.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 247.15 to 249.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @289.40 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CTEC.L is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTEC.L is down. |
| ChartMill Relative Strength | 28.97 | NEGATIVE | CTEC.L has a low relative strength, it was outperformed by 71.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTEC.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CTEC.L is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CTEC.L is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.54 | NEUTRAL | The RSI value for CTEC.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests CTEC.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.01 | NEUTRAL | The Stochastics value for CTEC.L is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for CTEC.L suggests some volalility. |
| Average Directional Index/ADX (14) | 18.05 | NEGATIVE | The low ADX value for CTEC.L suggests a weak or negative trend. |
LON:CTEC (11/20/2025, 4:32:52 PM)
238.2
-1.2 (-0.5%)
CONVATEC GROUP PLC / CTEC.L FAQ
Can you provide the ChartMill technical rating for CONVATEC GROUP PLC?
ChartMill assigns a technical rating of 1 / 10 to CTEC.L.
What is the current trend direction of CONVATEC GROUP PLC (CTEC.L) stock?
The current trend direction for CONVATEC GROUP PLC (CTEC.L) is Bearish.
What is the RSI signal for CTEC stock?
CONVATEC GROUP PLC (CTEC.L) has an RSI value of 49.5413. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for CONVATEC GROUP PLC?
CONVATEC GROUP PLC (CTEC.L) has a support level at 228.85 and a resistance level at 238.34. Check the full technical report for our detailed analysis of CTEC.L support and resistance levels.