We assign a technical rating of 9 out of 10 to CECO. Both in the recent history as in the last year, CECO has proven to be a steady performer, scoring decent points in every aspect analyzed.
CECO has an excellent technical rating, but the quality of the setup is only medium 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
46.96
2 important support areas can be observed.
- A support zone ranging from 48.87 to 50.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.43 to 48.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 CECO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CECO is up. |
| ChartMill Relative Strength | 92.09 | POSITIVE | CECO has a high relative strength, it outperformed 92.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CECO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CECO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CECO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.91 | NEUTRAL | The RSI value for CECO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests CECO has a positive trend. |
| Stochastics (14,3) | 91.17 | OVERBOUGHT | The high Stochastics value suggests CECO may be overbought. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for CECO suggests some volalility. |
| Average Directional Index/ADX (14) | 10.76 | NEGATIVE | The low ADX value for CECO suggests a weak or negative trend. |
54.93
-0.69 (-1.24%)
CECO ENVIRONMENTAL CORP / CECO FAQ
What is the ChartMill technical rating of CECO ENVIRONMENTAL CORP (CECO) stock?
ChartMill assigns a technical rating of 9 / 10 to CECO.
What is the current trend direction of CECO ENVIRONMENTAL CORP (CECO) stock?
The current trend direction for CECO ENVIRONMENTAL CORP (CECO) is Bullish.
What is the RSI signal for CECO stock?
CECO ENVIRONMENTAL CORP (CECO) has an RSI value of 60.9098. This indicates that the stock is currently neutral.
What is the MACD signal for CECO stock?
The MACD indicator for CECO ENVIRONMENTAL CORP (CECO) has a value of 0.465811, indicating a bearish trend.
Can you provide the support and resistance levels for CECO ENVIRONMENTAL CORP?
CECO ENVIRONMENTAL CORP (CECO) has a support level at 50.06. Check the full technical report for our detailed analysis of CECO support and resistance levels.