CLEAN ENERGY TECHNOLOGIES IN (CETY) Technical Analysis
NASDAQ:CETY • US18452H3057
Current stock price
CETY Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to CETY. In the past year, CETY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, CETY is a bad performer in the overall market: 95% of all stocks are doing better.
- CETY is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, of which 93% are performing better than CETY.
- CETY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CETY is lagging the market.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month CETY has a been trading in the 0.55 - 1.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
CETY Weekly and Daily overview Charts
CETY Setup Rating and Analysis
CETY has an average technical rating and also the quality of the setup is only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
CETY Support and Resistance Analysis
0.72
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.82 to 0.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.73 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.88 to 0.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.92 to 0.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CETY 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 | DOWN | NEGATIVE | The long term trend for CETY is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CETY is up. |
| ChartMill Relative Strength | 5.35 | NEGATIVE | CETY has a low relative strength, it was outperformed by 94.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CETY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CETY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CETY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.16 | NEUTRAL | The RSI value for CETY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CETY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.9 | NEUTRAL | The Stochastics value for CETY is a neutral value. |
| Average True Range in percent/ATR (20) | 14.41 | HIGH VOLATILITY | The high ATR as a percentage value for CETY suggests high volalility. |
| Average Directional Index/ADX (14) | 36.78 | POSITIVE | The high ADX value value for CETY suggests a strong trend. |
CETY Chart- and CandleStick Pattern Analysis
CETY Technicals: Chart, Performance Metrics, Trend & Indicators
0.8445
-0.07 (-7.2%)
CLEAN ENERGY TECHNOLOGIES IN / CETY TA FAQ
Can you provide the ChartMill technical rating for CLEAN ENERGY TECHNOLOGIES IN?
ChartMill assigns a technical rating of 4 / 10 to CETY.
What is the current trend direction of CLEAN ENERGY TECHNOLOGIES IN (CETY) stock?
The current trend direction for CLEAN ENERGY TECHNOLOGIES IN (CETY) is Bearish.
What is the RSI signal for CLEAN ENERGY TECHNOLOGIES IN (CETY) stock?
CLEAN ENERGY TECHNOLOGIES IN (CETY) has an RSI value of 51.1564. This indicates that the stock is currently neutral.
What is the MACD signal for CLEAN ENERGY TECHNOLOGIES IN (CETY) stock?
The MACD indicator for CLEAN ENERGY TECHNOLOGIES IN (CETY) has a value of 0.00526161, indicating a bearish trend.
What is the support and resistance level for CETY stock?
CLEAN ENERGY TECHNOLOGIES IN (CETY) has a support level at 0.83 and a resistance level at 0.88. Check the full technical report for our detailed analysis of CETY support and resistance levels.