CTT-CORREIOS DE PORTUGAL (CTT.LS) 3.44 +0.04 (+1.18%)
3.44 +0.04 (+1.18%)
PTCTT0AM0001 - Common Stock
Technical Rating
We assign a technical rating of 2 out of 10 to CTT. CTT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
CTT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month CTT has a been trading in the 3.28 - 3.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
69% of all other stocks performed better in the past year than CTT.
CTT is one of the lesser performing stocks in the Air Freight & Logistics industry. 67% of 6 stocks in the same industry do better.
Statistics
Support/Resistance Analysis
2.97
3.84
3 important support areas can be observed.
- A support zone ranging from 3.37 to 3.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.19 from a horizontal line in the daily time frame.
- Support @3.00 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.59 to 3.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.76 to 3.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Setup Analysis
Setup Rating
CTT has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
CTT-CORREIOS DE PORTUGAL3.44
ELI:CTT (3/21/2023, 12:37:51 PM)+0.04 (+1.18%)
| GICS Sector | Industrials | ||
| GICS Industry | Air Freight & Logistics | ||
| Today | 1.18% | 1 Week | -7.1% |
| 2 Weeks | -10.29% | 1 Month | -8.48% |
| 3 Month | 11.11% | 6 Month | 29.77% |
| ATR(14) | 0.11 | ATR(20)% | 2.83% |
| ATR Inc | 169.01% | Range Today | 0.04 |
| ST Trend | LT Trend | ||
| SMA(5) | SMA(10) | ||
| SMA(20) | SMA(50) | ||
| SMA(100) | SMA(200) |
| CRS | 31.21 | Mansfield | 0.09 |
| 10 Day High | 3.79 | 10 Day Low | 3.28 |
| 20 Day High | 3.8 | 20 Day Low | 3.28 |
| 52 Week High | 4.7 | 52 Week Low | 2.53 |
| CS1 End | 3.37 | CR1 Start | 3.41 |
| DER(3) | -2.11% | DER(5) | -2.84% |
| Volume | 36.68K | Volume Incr | 42.1% |
| Vol(5) | 416.62K | Vol(50) | 429.91K |
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