Have Compass Group shares reached a bottom?
The loss of 27% in the past year has got people wondering if this caterer's share price has fallen far enough. Independent analyst Alistair Strang reveals what his charts say.
17th February 2026 10:30
by Alistair Strang from Trends and Targets
We’ve had a few emails asking our opinion on Compass Group (LSE:CPG). Unfortunately, from our perspective, the company appears poised to experience some potentially damaging reversals. Given the emails we received were asking about whether we regarded the share as “cheap” at current levels, the answer is a resounding “nope”. Instead, the share price is going to need to enact some quick talking to escape its current adherence to the school of “lower lows” and, visually, we lack confidence.
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Some effort has gone into creating a visual sense of 2,000p being “bottom” for the share price, probably an entirely fake notion intended to tempt folk into the mindset of deciding “this is cheap”.
We’re not convinced, strongly expecting movement below 2,000p shall suffice to trigger reversals to an initial 1,932p with our secondary, if broken, at a potential bottom of 1,765p.
These target levels - and despite 1,765p almost making a bounce certain - do bother us. The Big Picture suggests, should 1,785p break, the share price shall find an attraction from an ultimate bottom at just 1,032p.
And thus, from our perspective, we’re not inclined to regard Compass Group as “cheap”. It needs above 2,470p to escape this shambolic situation and we’re not inclined to hold our breath waiting.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
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