CTZ Technical Analysis - NAMSYS INC

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to CTZ. CTZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

86% of all other stocks performed better in the past year than CTZ.

In the last month CTZ has a been trading in the 1.10 - 1.65 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

Warning: CTZ has an average volume of 24958 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

CTZ is part of the Software industry. There are 62 other stocks in this industry, CTZ did better than 47% of them.

CTZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CTZ is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of CTZ is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.08

1.70

When analyzing the support we notice one important area.

Support @1.09 from a trend line in the weekly time frame.

We can see 4 important resistance areas.

A resistance zone ranging from 1.43 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 1.50 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @1.63 from a horizontal line in the daily time frame.
Resistance @1.68 from a horizontal line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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 CTZ.CA is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for CTZ.CA is down.
ChartMill Relative Strength	14.01	NEGATIVE	CTZ.CA has a low relative strength, it was outperformed by 85.99% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of CTZ.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of CTZ.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of CTZ.CA is below the rising SMA(200).
Relative Strength Index/RSI (14)	31.05	NEUTRAL	The RSI value for CTZ.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests CTZ.CA has a negative trend.
Stochastics (14,3)	30.78	NEUTRAL	The Stochastics value for CTZ.CA is a neutral value.
Average True Range in percent/ATR (20)	6.04	HIGH VOLATILITY	The high ATR as a percentage value for CTZ.CA suggests high volalility.
Average Directional Index/ADX (14)	35.72	POSITIVE	The high ADX value value for CTZ.CA suggests a strong trend.