CENTURI HOLDINGS INC (CTRI) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CTRI • US1559231055
We assign a technical rating of 9 out of 10 to CTRI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CTRI is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- CTRI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CTRI has a been trading in the 26.15 - 29.07 range, which is quite wide. It is currently trading near the high of this range.
- CTRI has an average volume of 1479640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that CTRI is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- CTRI is part of the Construction & Engineering industry. There are 55 other stocks in this industry, CTRI did better than 66% of them.
CTRI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 28.13, a Stop Loss order could be placed below this zone.
More info and screens
15.18
We found 6 important support areas.
- A support zone ranging from 27.60 to 28.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 25.82 to 26.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.91 from a trend line in the weekly time frame.
- A support zone ranging from 19.77 to 19.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.36 from a trend line in the weekly time frame.
- Support @15.33 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.94 to 28.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CTRI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTRI is up. |
| ChartMill Relative Strength | 88.22 | POSITIVE | CTRI has a high relative strength, it outperformed 88.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTRI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTRI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTRI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.58 | NEUTRAL | The RSI value for CTRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests CTRI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.83 | NEUTRAL | The Stochastics value for CTRI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for CTRI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.33 | NEUTRAL | The ADX value for CTRI suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.95 | 27.59 | 1.36 (4.70%) | 21.29% |
| An entry @28.95. This is a Buy Stop order right above the resistance zone. | An exit @27.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.36 points, which is 4.70%. | When investing 21.29% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CTRI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
28.93
+1.22 (+4.4%)
CENTURI HOLDINGS INC / CTRI FAQ
What is the technical rating for CTRI stock?
ChartMill assigns a technical rating of 9 / 10 to CTRI.
What is the current trend direction of CENTURI HOLDINGS INC (CTRI) stock?
The current trend direction for CENTURI HOLDINGS INC (CTRI) is Bullish.
What is the RSI signal for CENTURI HOLDINGS INC (CTRI) stock?
CENTURI HOLDINGS INC (CTRI) has an RSI value of 64.5787. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CENTURI HOLDINGS INC?
The short term momentum for CENTURI HOLDINGS INC (CTRI) is positive.
What are the support and resistance levels for CENTURI HOLDINGS INC (CTRI) stock?
CENTURI HOLDINGS INC (CTRI) has a support level at 28.13 and a resistance level at 28.94. Check the full technical report for our detailed analysis of CTRI support and resistance levels.