CEMTREX INC (CETX) Stock Technical Analysis
USA - NASDAQ:CETX - US15130G8814 - Common Stock
3.74 USD
-1.02 (-21.43%)
3.7996 USD
+0.06 (+1.59%)
Taking everything into account, CETX scores 0 out of 10 in our technical rating. CETX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than CETX.
CETX is part of the Electronic Equipment, Instruments & Components industry. There are 123 other stocks in this industry, of which 95% are performing better than CETX.
CETX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month CETX has a been trading in the 3.67 - 6.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
The technical rating of CETX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.70
3.78
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 | DOWN | NEGATIVE | The long term trend for CETX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CETX is down. |
| ChartMill Relative Strength | 0.33 | NEGATIVE | CETX has a low relative strength, it was outperformed by 99.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CETX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CETX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CETX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.01 | NEUTRAL | The RSI value for CETX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CETX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.12 | NEUTRAL | The Stochastics value for CETX is a neutral value. |
| Average True Range in percent/ATR (20) | 11.71 | HIGH VOLATILITY | The high ATR as a percentage value for CETX suggests high volalility. |
| Average Directional Index/ADX (14) | 34.27 | POSITIVE | The high ADX value value for CETX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.74
-1.02 (-21.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-21.43%
1 Week-14.61%
2 Weeks-15.96%
1 Month-29.7%
3 Month-80.37%
6 Month-89.74%
12 Month-95.95%
2 Year-100%
3 Year-100%
5 Year-100%
10 Year-100%
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%11.71%
ATR Inc101.31%
Range Today1.1
ADR(20)0.42
ADR(20)%11.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.33
3 months CRS0.58
6 months CRS0.52
Mansfield-8.6
10 Day High5.12
10 Day Low3.67
20 Day High6.2
20 Day Low3.67
52 Week High133.88
52 Week Low3.67
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-7.37%
DER(5)-1.93%
Volume136.30K
Volume Incr-53.3%
Vol(5)65.20K
Vol(50)588.87K
CEMTREX INC / CETX FAQ
Can you provide the ChartMill technical rating for CEMTREX INC?
ChartMill assigns a technical rating of 0 / 10 to CETX.
What is the current trend direction of CEMTREX INC (CETX) stock?
The current trend direction for CEMTREX INC (CETX) is Bearish.
What is the RSI signal for CETX stock?
CEMTREX INC (CETX) has an RSI value of 31.0108. This indicates that the stock is currently neutral.
What is the short term momentum for CEMTREX INC (CETX) stock?
The short term momentum for CEMTREX INC (CETX) is negative.