RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CENT
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Central Garden & Pet Company stock downgraded to Sell Candidate
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The Central Garden & Pet Company stock price gained 0.0467% on the last trading day (Thursday, 28th Mar 2024), rising from $42.81 to $42.83. During the last trading day the stock fluctuated 4.10% from a day low at $42.37 to a day high of $44.10. The price has risen in 5 of the last 10 days and is up by 2% over the past 2 weeks. Volume fell on the last day by -7 thousand shares and in total, 42 thousand shares were bought and sold for approximately $1.81 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -16.18% during the next 3 months and, with a 90% probability hold a price between $32.59 and $37.71 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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CENT Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, March 06, 2024, and so far it has risen 4.06%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Central Garden & Pet Company stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $42.84. On a fall, the stock will find some support from the short-term average at $42.70. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Central Garden & Pet Company stock

Central Garden & Pet Company finds support from accumulated volume at $42.35 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.74 (4.10%) between high and low. For the last week, the stock has had daily average volatility of 2.71%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CENT) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Central Garden & Pet Company to open at $43.10, and during the day (based on 14 day Average True Range), to move between $41.68 and $43.98, which gives a possible trading interval of +/-$1.15 (+/-2.69%) up or down from last closing price. If Central Garden & Pet Company takes out the full calculated possible swing range there will be an estimated 5.38% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $43.00 (0.40%) than the support at $42.35 (1.12%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Central Garden & Pet Company stock A Buy?

Central Garden & Pet Company holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.724 Sell Candidate Downgraded

Predicted Opening Price for Central Garden & Pet Company of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$43.10 ( 0.627%) $42.83

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CENT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 44.83 4.68 %
R2 44.17 3.13 %
R1 43.76 2.17 %
Current price: 42.83
Support S1 42.44 -0.92 %
S2 42.03 -1.88 %
S3 41.36 -3.42 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 49.82 16.32 %
R2 43.35 1.21 %
R1 43.00 0.397 %
Current price 42.83
Support S1 42.35 -1.12%
S2 41.99 -1.96%
S3 41.43 -3.27%

CENT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 06, 2007 Feb 06, 2007 Feb 06, 2007 $29.20 253.91%

FAQ

What is the symbol for Central Garden & Pet Company Stock and on which exchange is it traded?
The symbol for Central Garden & Pet Company is CENT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Central Garden & Pet Company Stock?
Central Garden & Pet Company holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Central Garden & Pet Company Stock?
Central Garden & Pet Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Central Garden & Pet Company Stock.

What's the current price of Central Garden & Pet Company Stock?
As of the end of day on the 2024-03-28, the price of an Central Garden & Pet Company (CENT) share was $42.83.

What is the 52-week high and low for Central Garden & Pet Company Stock?
The 52-week high for Central Garden & Pet Company Stock is $51.71 and the 52-week low is $35.60.

What is the market capitalization of Central Garden & Pet Company Stock?
As of the 2024-03-28, the market capitalization of Central Garden & Pet Company is 2.376B.

When is the next earnings date for Central Garden & Pet Company?
The upcoming earnings date for Central Garden & Pet Company is May 01, 2024.
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About Central Garden & Pet Company

Central Garden & Pet Company Central Garden & Pet Company produces and distributes various products for the lawn and garden, and pet supplies markets in the United States. It operates through two segments, Pet and Garden. The Pet segment provides dog and cat supplies, such as dog treats and chews, toys, pet beds and grooming products, waste management and training pads, and pet containment; supplies for aquatics, small animals, reptiles, and pet birds, including toys, cages ... CENT Profile

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