CENTRAL GARDEN & PET CO. - Daily - Technical analysis published on 08/12/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
44%
39%
My opinion
Bearish under 23.24 USD
My targets
18.54 USD (-14.44%)
12.99 USD (-40.06%)
My analysis
The bearish trend is currently very strong for CENTRAL GARDEN & PET CO.. As long as the price remains below the resistance at 23.24 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 18.54 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 12.99 USD as an objective. Crossing it would then enable sellers to target 6.05 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CENTRAL GARDEN & PET CO. rating is 21.67 USD. The price registered a decrease of -1.14% on the session with the lowest point at 21.40 USD and the highest point at 22.56 USD. The deviation from the price is +1.26% for the low point and -3.95% for the high point.21.40
22.56
21.67
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of CENTRAL GARDEN & PET CO. indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.05 | 12.99 | 18.54 | 21.67 | 23.24 | 28.51 | 31.64 |
| Change (%) | -72.08% | -40.06% | -14.44% | - | +7.25% | +31.56% | +46.01% |
| Change | -15.62 | -8.68 | -3.13 | - | +1.57 | +6.84 | +9.97 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.48 | 20.83 | 21.38 | 21.73 | 22.28 | 22.63 | 23.18 |
| Camarilla | 21.67 | 21.76 | 21.84 | 21.92 | 22.00 | 22.09 | 22.17 |
| Woodie | 20.57 | 20.88 | 21.47 | 21.78 | 22.37 | 22.68 | 23.27 |
| Fibonacci | 20.83 | 21.18 | 21.39 | 21.73 | 22.08 | 22.29 | 22.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.33 | 16.15 | 18.76 | 23.59 | 26.20 | 31.02 | 33.63 |
| Camarilla | 19.33 | 20.01 | 20.69 | 21.37 | 22.05 | 22.73 | 23.42 |
| Woodie | 10.22 | 15.60 | 17.65 | 23.03 | 25.09 | 30.47 | 32.52 |
| Fibonacci | 16.15 | 18.99 | 20.75 | 23.59 | 26.43 | 28.18 | 31.02 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.12 | 22.75 | 25.15 | 26.78 | 29.18 | 30.81 | 33.21 |
| Camarilla | 26.44 | 26.81 | 27.18 | 27.55 | 27.92 | 28.29 | 28.66 |
| Woodie | 21.51 | 22.94 | 25.54 | 26.97 | 29.57 | 31.00 | 33.60 |
| Fibonacci | 22.75 | 24.29 | 25.24 | 26.78 | 28.32 | 29.27 | 30.81 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 34.65 | |
| MACD (12,26,9): | -1.0000 | |
| Directional Movement: | -14.66 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 23.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 26.70 | |
| Elder Ray (13): | -1.60 | |
| Super Trend (3,10): | 25.16 | |
| Zig ZAG (10): | 21.67 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 15.67 | |
| TEMA (21): | 22.23 | |
| Williams %R (14): | -85.26 | |
| Chande Momentum Oscillator (20): | -5.48 | |
| Repulse (5,40,3): | -4.2900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2100 | |
| Courbe Coppock: | 22.93 |
| MA7: | 22.35 | |
| MA20: | 24.86 | |
| MA50: | 25.20 | |
| MA100: | 25.02 | |
| MAexp7: | 22.58 | |
| MAexp20: | 24.18 | |
| MAexp50: | 24.99 | |
| MAexp100: | 25.83 | |
| Price / MA7: | -3.04% | |
| Price / MA20: | -12.83% | |
| Price / MA50: | -14.01% | |
| Price / MA100: | -13.39% | |
| Price / MAexp7: | -4.03% | |
| Price / MAexp20: | -10.38% | |
| Price / MAexp50: | -13.29% | |
| Price / MAexp100: | -16.11% |
News
Don"t forget to follow the news on CENTRAL GARDEN & PET CO.. At the time of publication of this analysis, the latest news was as follows:
- Central Garden & Pet Company Names New Independent Director
- Comfort Zone® Calming Vest for Dogs Voted Product of the Year 2019
- Central Garden & Pet Company Announces CEO Transition Planning
- Central Garden & Pet Company Announces Fiscal First Quarter Revenues and Profits
This member declared not having a position on this financial instrument or a related financial instrument.
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