Central Garden Pet Stock Technical Analysis

CENTA Stock  USD 33.79  0.34  1.00%   
As of the 30th of November, Central Garden shows the Mean Deviation of 1.26, risk adjusted performance of 0.0062, and Downside Deviation of 1.51. Central Garden Pet technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Central Garden Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Central, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Central
  
Central Garden's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Central Garden Analyst Consensus

Target PriceAdvice# of Analysts
40.0Strong Buy1Odds
Central Garden Pet current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Central analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Central stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Central Garden Pet, talking to its executives and customers, or listening to Central conference calls.
Central Analyst Advice Details
Central Garden technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Central Garden technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Central Garden trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Central Garden Pet Technical Analysis

Indicator
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The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Central Garden Pet volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Central Garden Pet Trend Analysis

Use this graph to draw trend lines for Central Garden Pet. You can use it to identify possible trend reversals for Central Garden as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Central Garden price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Central Garden Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Central Garden Pet applied against its price change over selected period. The best fit line has a slop of   0.0015  , which may suggest that Central Garden Pet market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted Central Garden price change compared to its average price change.

About Central Garden Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Central Garden Pet on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Central Garden Pet based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Central Garden Pet price pattern first instead of the macroeconomic environment surrounding Central Garden Pet. By analyzing Central Garden's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Central Garden's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Central Garden specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2011 2024 (projected)
Dividend Yield0.0032530.002939
Price To Sales Ratio0.530.0465

Central Garden November 30, 2024 Technical Indicators

Most technical analysis of Central help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Central from various momentum indicators to cycle indicators. When you analyze Central charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Central Garden November 30, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Central stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Central Stock analysis

When running Central Garden's price analysis, check to measure Central Garden's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Central Garden is operating at the current time. Most of Central Garden's value examination focuses on studying past and present price action to predict the probability of Central Garden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Central Garden's price. Additionally, you may evaluate how the addition of Central Garden to your portfolios can decrease your overall portfolio volatility.
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