Free Catana Group S.A. (CATG) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Hold Neutral
Last Update / Period
16 May / Daily
Category/Currency
Stocks/USD
Exchange/Country
XPAR/France

Catana Group S.A. (CATG) signal with technical analysis on 16 May

On 16 May, we conducted a comprehensive technical analysis of Catana Group S.A. (CATG), considering 256 signals with intricate details. Here are the key findings: 94 signals suggested buy strategies, while 48 indicated sell strategies. The remaining 114 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 23
Sell Signals: 11
Neutral Signals: 30
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 27
Sell Signals: 8
Neutral Signals: 29
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 23
Sell Signals: 10
Neutral Signals: 31
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 21
Sell Signals: 19
Neutral Signals: 24
Result: This strategy leads to a Neutral position.

Overall Strategy:
Buy Signals: 94
Sell Signals: 48
Neutral Signals: 114
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Catana Group S.A. (CATG) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Catana Group S.A. (CATG) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

Catana Group S.A. (CATG) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

Catana Group S.A. (CATG) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of 21.38%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **Catana Group S.A. (CATG)** holdings.

Catana Group S.A. (CATG) Price Analysis and Resistance Levels:

Given our current long position in Catana Group S.A. (CATG), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (3.943): The primary hurdle is the 3.943 price level. If the prevailing trend remains unchanged, Catana Group S.A. (CATG) could break above this level, indicating its strength and potential for further growth.

Second resistance level (4.266): If the upward trend shows significant strength, Catana Group S.A. (CATG) may cross the second resistance level at 4.266, signaling a significant upside move and a promising direction for our position.

Third resistance level (4.286): For a more comprehensive analysis, we should consider a scenario where Catana Group S.A. (CATG) not only breaks the second resistance level but also holds its price above this benchmark. If this trend continues in the coming days, it could pave the way for Catana Group S.A. (CATG) to reach the third resistance level at 4.286.
It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading Catana Group S.A. (CATG), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

Catana Group S.A. (CATG) technical analysis chart

Catana Group S.A. (CATG) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 3.943 4.266 4.286 4.553 5.483
Support 3.12 3.09 -- -- --
 Catana Group S.A. (CATG) Support and Resistance area (16 May)  Catana Group S.A. (CATG) Support and Resistance area (16 May)

Catana Group S.A. (CATG) signals list for 16 May

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Catana Group S.A. (CATG) candlestick patterns on 16 May

Today's Catana Group S.A. (CATG) Candle Patterns List:

Matching Low Three Outside Up/Down

Catana Group S.A. (CATG) technical analysis over the past days

# Date Overal Signals ALL Signals
1 15 May Hold HoldHoldHoldNeutral
2 14 May Hold HoldHoldHoldNeutral
3 13 May Buy HoldHoldBuyNeutral
4 12 May Buy BuyBuyNeutralHold
5 09 May Hold NeutralNeutralHoldHold
6 08 May Hold NeutralHoldHoldHold
7 07 May Hold HoldHoldNeutralHold
8 06 May Hold HoldSellHoldHold
9 05 May Sell SellNeutralHoldHold
10 02 May Hold HoldNeutralHoldHold
11 30 Apr Sell HoldNeutralHoldHold
12 29 Apr Hold HoldNeutralHoldHold
13 28 Apr Buy BuyHoldHoldHold
14 25 Apr Hold NeutralHoldHoldHold
15 24 Apr Hold NeutralHoldHoldHold
16 17 Apr Hold HoldHoldHoldHold
17 16 Apr Sell SellSellHoldHold
18 15 Apr Buy BuyNeutralHoldHold
19 14 Apr Hold NeutralHoldHoldHold
20 11 Apr Sell SellHoldHoldHold
21 10 Apr Hold NeutralHoldHoldHold
22 09 Apr Hold HoldHoldHoldHold
23 08 Apr Hold HoldHoldHoldHold
24 07 Apr Hold HoldHoldHoldHold
25 04 Apr Hold HoldHoldHoldHold
26 03 Apr Hold HoldHoldHoldHold
27 02 Apr Hold HoldHoldHoldHold
28 01 Apr Hold HoldHoldHoldHold
29 31 Mar Sell SellHoldHoldHold
30 28 Mar Hold NeutralHoldHoldHold

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