CONVATEC GROUP PLC (CTEC.L) Stock Technical Analysis
LON:CTEC - London Stock Exchange, The - GB00BD3VFW73 - Common Stock - Currency: GBX
Taking everything into account, CTEC scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CTEC is only an average performer.
The long and short term trends are both positive. This is looking good!
In the last month CTEC has a been trading in the 235.40 - 270.40 range, which is quite wide. It is currently trading near the high of this range.
CTEC has an average volume of 1622510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CTEC outperforms 53% of them, which is more or less in line with the market.
CTEC 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.
Volume is considerably higher in the last couple of days.
CTEC has an excellent technical rating, but the quality of the setup is only medium 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
216.67
267.85
We found 5 important support areas.
- A support zone ranging from 247.84 to 250.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 239.00 to 243.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 235.19 to 235.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 228.62 to 230.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 218.86 to 219.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.68
Mansfield0.53
10 Day High270.4
10 Day Low242.2
20 Day High270.4
20 Day Low235.4
52 Week High295.2
52 Week Low211.8
Performance
1 Week2%
2 Weeks7.19%
1 Month12.76%
3 Month13.14%
6 Month14.02%
12 Month-7.43%
2 Year16.01%
3 Year21.76%
5 Year42.27%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.61
RSI(14)64.55
LBB236.28
UBB273.41
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 270.41 | 242.19 | 28.22 (10.44%) | 9.58% |
| An entry @270.41. This is a Buy Stop order right above the 10 day high. | An exit @242.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 28.22 points, which is 10.44%. | When investing 9.58% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LON:CTEC (3/7/2025, 5:35:15 PM)
265.2
-1.6 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.6%
1 Week2%
2 Weeks7.19%
1 Month12.76%
3 Month13.14%
6 Month14.02%
12 Month-7.43%
2 Year16.01%
3 Year21.76%
5 Year42.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.4
ATR(20)%2.38%
ATR Inc-30.63%
Range Today4.2
ADR(20)5.68
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.68
Mansfield0.53
10 Day High270.4
10 Day Low242.2
20 Day High270.4
20 Day Low235.4
52 Week High295.2
52 Week Low211.8
CS1 End250.66
CR1 StartN/A
Volume & EV
DER(3)0.37%
DER(5)-0.66%
Volume2.18M
Volume Incr39.95%
Vol(5)2.44M
Vol(50)1.62M