We assign a technical rating of 0 out of 10 to CRTO. CRTO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CRTO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.19, a Stop Loss order could be placed below this zone.
More info and screens
19.22
2 important support areas can be observed.
- A support zone ranging from 19.88 to 20.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.41 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 20.76 to 21.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.58 to 21.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 22.60 to 22.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.54 from a horizontal line in the daily time frame.
- Resistance @38.53 from a trend 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 | DOWN | NEGATIVE | The long term trend for CRTO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRTO is neutral. |
| ChartMill Relative Strength | 10.06 | NEGATIVE | CRTO has a low relative strength, it was outperformed by 89.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CRTO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRTO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRTO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.76 | NEUTRAL | The RSI value for CRTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CRTO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.1 | NEUTRAL | The Stochastics value for CRTO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for CRTO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.03 | NEUTRAL | The ADX value for CRTO suggests a possible start of a new trend. |
20.39
-0.39 (-1.88%)
CRITEO SA-SPON ADR / CRTO FAQ
What is the ChartMill technical rating of CRITEO SA-SPON ADR (CRTO) stock?
ChartMill assigns a technical rating of 0 / 10 to CRTO.
Can you provide the trend direction for CRITEO SA-SPON ADR?
The current trend direction for CRITEO SA-SPON ADR (CRTO) is Bearish.
Can you provide the RSI signal for CRITEO SA-SPON ADR?
CRITEO SA-SPON ADR (CRTO) has an RSI value of 48.7559. This indicates that the stock is currently neutral.
What is the MACD signal for CRITEO SA-SPON ADR (CRTO) stock?
The MACD indicator for CRITEO SA-SPON ADR (CRTO) has a value of 0.132238, indicating a bearish trend.
Can you provide the support and resistance levels for CRITEO SA-SPON ADR?
CRITEO SA-SPON ADR (CRTO) has a support level at 20.19 and a resistance level at 20.76. Check the full technical report for our detailed analysis of CRTO support and resistance levels.