Taking everything into account, CEAD scores 8 out of 10 in our technical rating. CEAD has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although CEAD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
5.93
5 important support areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CEAD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CEAD is neutral. |
| ChartMill Relative Strength | 91.28 | POSITIVE | CEAD has a high relative strength, it outperformed 91.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CEAD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEAD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CEAD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.13 | OVERBOUGHT | The high RSI value suggests CEAD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests CEAD has a positive trend. |
| Stochastics (14,3) | 73.49 | NEUTRAL | The Stochastics value for CEAD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for CEAD suggests high volalility. |
| Average Directional Index/ADX (14) | 13.37 | NEGATIVE | The low ADX value for CEAD suggests a weak or negative trend. |
10
+2.3 (+29.87%)
ChartMill assigns a technical rating of 8 / 10 to CEAD.
The current trend direction for CEA INDUSTRIES INC (CEAD) is Bearish.
CEA INDUSTRIES INC (CEAD) has an RSI value of 72.1263. This indicates that the stock is currently overbought.
The short term momentum for CEA INDUSTRIES INC (CEAD) is neutral.