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Contact Energy Limited

CEN.AX•ASX
Utilities
Renewable Utilities
$7.70
$0.22(2.94%)
Australian Market opens in 12h 45m

Contact Energy Limited (CEN.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Contact Energy Limited (ASX:CEN.AX).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CEN.AX Technical Analysis Summary

Contact Energy Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.03)
Trend Strength:Weak (ADX: 17.38)
Volatility:Medium (ATR: 0.30)
Support/Resistance:$7.26 – $8.00 (Bollinger Bands)

Overall, Contact Energy Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 46.03

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 54.58

Neutral
Mid-range signal with no clear trend.

Williams %R: -54.35

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -4.22

Bearish
Selling pressure outweighs buying.

Takeaway:Contact Energy Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.08

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.38

Weak
Weak trend, market trading sideways.

ATR (14): 0.30

Low
Low volatility, stable price action.

CCI (14): -14.29

Neutral
Neutral, no strong directional signal.

Takeaway:Contact Energy Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$8.00
Middle Band (SMA 20)
$7.63
Lower Band
$7.26
Current Position
Within Bands

Takeaway:Contact Energy Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$8.24
Middle Line (EMA 20)
$7.65
Lower Channel
$7.05
Squeeze Status
Squeeze On

Takeaway:Contact Energy Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume4.41K
Money Flow Index69.20Bullish, inflows support continued momentum.
Relative Vigor Index55.77Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CEN.AX shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Contact Energy Limited, here are the key trading signals and recommendations:

Bullish Signals

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Contact Energy Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ