NYSEARCA:CET - NYSE Arca - US1551231020 - Currency: USD
Taking everything into account, CET scores 4 out of 10 in our technical rating. In the past year, CET was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, CET does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 45.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.70, a Stop Loss order could be placed below this zone.
40.32
When analyzing the support we can see 2 important areas.
3 important resistance areas can be observed.
45.37
+0.3 (+0.67%)