USA - NASDAQ:CETX - US15130G8814 - Common Stock
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.
CETX has a poor technical rating and the quality of the setup is also 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.
4.34
We found 1 important resistance area.
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) | 31.94 | NEUTRAL | The RSI value for CETX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests CETX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 6.96 | OVERSOLD | The low Stochastics value suggests CETX may be oversold. |
| Average True Range in percent/ATR (20) | 10.73 | HIGH VOLATILITY | The high ATR as a percentage value for CETX suggests high volalility. |
| Average Directional Index/ADX (14) | 36.69 | POSITIVE | The high ADX value value for CETX suggests a strong trend. |
4.38
-0.29 (-6.21%)
ChartMill assigns a technical rating of 0 / 10 to CETX.
The current trend direction for CEMTREX INC (CETX) is Bearish.
CEMTREX INC (CETX) has an RSI value of 31.9418. This indicates that the stock is currently neutral.
The short term momentum for CEMTREX INC (CETX) is negative.
CEMTREX INC (CETX) has a resistance level at 5.74. Check the full technical report for our detailed analysis of CETX support and resistance levels.