CONVATEC GROUP PLC (CTEC.L) Stock Technical Analysis
Europe - London Exchange - LON:CTEC - GB00BD3VFW73 - Common Stock
Overall CTEC gets a technical rating of 0 out of 10. CTEC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CTEC 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.
More info and screens
223.34
We found 1 important support area.
- A support zone ranging from 225.60 to 228.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 229.62 to 232.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 237.44 to 244.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 248.61 to 249.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @289.40 from a horizontal 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 CTEC.L is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTEC.L is down. |
| ChartMill Relative Strength | 22 | NEGATIVE | CTEC.L has a low relative strength, it was outperformed by 78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTEC.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTEC.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CTEC.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.73 | NEUTRAL | The RSI value for CTEC.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests CTEC.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.36 | NEUTRAL | The Stochastics value for CTEC.L is a neutral value. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for CTEC.L suggests some volalility. |
| Average Directional Index/ADX (14) | 15.15 | NEGATIVE | The low ADX value for CTEC.L suggests a weak or negative trend. |
LON:CTEC (12/12/2025, 5:29:51 PM)
229.4
+0.2 (+0.09%)
CONVATEC GROUP PLC / CTEC.L FAQ
Can you provide the ChartMill technical rating for CONVATEC GROUP PLC?
ChartMill assigns a technical rating of 0 / 10 to CTEC.L.
What is the current trend direction of CONVATEC GROUP PLC (CTEC.L) stock?
The current trend direction for CONVATEC GROUP PLC (CTEC.L) is Bearish.
What is the RSI signal for CTEC stock?
CONVATEC GROUP PLC (CTEC.L) has an RSI value of 43.7269. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for CONVATEC GROUP PLC?
The buy/sell signal for CONVATEC GROUP PLC (CTEC.L) is sell as both the short term and long term trends are negative.
What is the support and resistance level for CTEC stock?
CONVATEC GROUP PLC (CTEC.L) has a support level at 228.63 and a resistance level at 229.62. Check the full technical report for our detailed analysis of CTEC.L support and resistance levels.