Convatec Group (CTEC)

Sell: 215.20p

Buy: 215.60p

Change: 0.00p | 0.00%

Last updated 13:46 05/11/24. Prices delayed by at least 15 minutes. Change is calculated based on previous close price.

Technical analysis

The information in this section is provided by Noesis Tech Analysis not Barclays.

This share factsheet isn’t an investment recommendation. We don’t offer personal advice so if you’re unsure, please seek independent advice. Remember, the value of investments can fall as well as rise and you may get back less than you invest.

Trend

The trend arrows show short, mid and long term signal.

Short term:

Bearish
Medium term:

Neutral
Long term:

Strong Bearish

Short term comment

The technical bias of the price bearish very pressured by the 227.46 area and increasing the risk of overbought and setbacks I would have to overcome 227.46 to propose the change to a more neutral scenario

Long term comment

Although on the 7th of june marked highs at levels at 288.349, higher levels than the previous reference highs in september 2023 at 254.575, the current downtrend has lost positions, retreating by -26.5% and falling again below both levels, with lows, at the moment, in quotas of 211.800.

Technical outlook

Bullish in the long term, although it must still break above the resistance at 21.07 to slightly improve in the short term.

Technical Comment: Outperform

Oscillators

Moving average

View technical details

Pivot points

Pivot points
Support 3	Support 2	Support 1	Resistance 1	Resistance 2	Resistance 3
209.8670	212.8670	214.1330	217.1330	218.8670	221.8670

Alerts

Alerts
Priority	Date	Warning
Medium priority	05/11/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority	05/11/2024	Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
High priority	05/11/2024	The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
Medium priority	05/11/2024	Fast stochastic gives moderate strength signals that may lead to possible short-term rebounds.
Medium priority	04/11/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority	04/11/2024	Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
Medium priority	04/11/2024	Fast stochastic gives moderate strength signals that may lead to possible short-term rebounds.
Medium priority	01/11/2024	Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
Medium priority	01/11/2024	Bullish fast stochastic signal. The previous close indicates the possibility of rebounds after a recent negative phase.
Medium priority	31/10/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority	31/10/2024	Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.

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The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.