CECO ENVIRONMENTAL CORP (CECE) Technical Analysis
NASDAQ:CECE • US1251411013
Current stock price
CECE Technical Rating and Analysis
Taking everything into account, CECE scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CECE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- CECE is part of the Commercial Services & Supplies industry. There are 79 other stocks in this industry. CECE outperforms 98% of them.
- CECE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CECE is lagging the market slightly.
- When comparing the yearly performance of all stocks, we notice that CECE is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month CECE has a been trading in the 9.22 - 12.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CECE Weekly and Daily overview Charts
CECE Setup Rating and Analysis
Although CECE has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CECE Support and Resistance Analysis
8.81
3 important support areas can be observed.
- Support @11.39 from a horizontal line in the daily time frame.
- A support zone ranging from 9.94 to 10.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.90 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.68 to 11.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CECE Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for CECE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CECE is up. |
| ChartMill Relative Strength | 98.57 | POSITIVE | CECE has a high relative strength, it outperformed 98.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CECE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CECE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CECE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.16 | NEUTRAL | The RSI value for CECE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CECE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.69 | NEUTRAL | The Stochastics value for CECE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for CECE suggests some volalility. |
| Average Directional Index/ADX (14) | 28.58 | POSITIVE | The high ADX value value for CECE suggests a strong trend. |
CECE Chart- and CandleStick Pattern Analysis
CECE Technicals: Chart, Performance Metrics, Trend & Indicators
11.65
+0.25 (+2.19%)
CECO ENVIRONMENTAL CORP / CECE TA FAQ
What is the technical rating for CECE stock?
ChartMill assigns a technical rating of 8 / 10 to CECE.
Can you provide the trend direction for CECO ENVIRONMENTAL CORP?
The current trend direction for CECO ENVIRONMENTAL CORP (CECE) is Bullish.
Can you provide the RSI signal for CECO ENVIRONMENTAL CORP?
CECO ENVIRONMENTAL CORP (CECE) has an RSI value of 65.1574. This indicates that the stock is currently neutral.
What is the short term momentum for CECO ENVIRONMENTAL CORP (CECE) stock?
The short term momentum for CECO ENVIRONMENTAL CORP (CECE) is positive.
What are the support and resistance levels for CECO ENVIRONMENTAL CORP (CECE) stock?
CECO ENVIRONMENTAL CORP (CECE) has a support level at 11.39 and a resistance level at 11.68. Check the full technical report for our detailed analysis of CECE support and resistance levels.