CLEAN ENERGY TECHNOLOGIES IN (CETY) Stock Technical Analysis
USA - NASDAQ:CETY - US18452H2067 - Common Stock
Taking everything into account, CETY scores 0 out of 10 in our technical rating. CETY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of CETY is bad and it also does not present a quality setup 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
2.43
3 important resistance areas can be observed.
- A resistance zone ranging from 2.73 to 2.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.54 from a trend line in the daily time frame.
- Resistance @4.07 from a trend line 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 | DOWN | NEGATIVE | The long term trend for CETY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CETY is down. |
| ChartMill Relative Strength | 2.77 | NEGATIVE | CETY has a low relative strength, it was outperformed by 97.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CETY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CETY is below a declining 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) | 38.63 | NEUTRAL | The RSI value for CETY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CETY has a positive trend. |
| Stochastics (14,3) | 17.28 | OVERSOLD | The low Stochastics value suggests CETY may be oversold. |
| Average True Range in percent/ATR (20) | 15.82 | HIGH VOLATILITY | The high ATR as a percentage value for CETY suggests high volalility. |
| Average Directional Index/ADX (14) | 25.68 | POSITIVE | The high ADX value value for CETY suggests a strong trend. |
2.455
-0.02 (-0.61%)
CLEAN ENERGY TECHNOLOGIES IN / CETY FAQ
What is the technical rating for CETY stock?
ChartMill assigns a technical rating of 0 / 10 to CETY.
What is the trend direction for 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 38.626. This indicates that the stock is currently neutral.
What is the MACD signal for CETY stock?
The MACD indicator for CLEAN ENERGY TECHNOLOGIES IN (CETY) has a value of 0.0015702, indicating a bearish trend.
Can you provide the short term momentum for CLEAN ENERGY TECHNOLOGIES IN?
The short term momentum for CLEAN ENERGY TECHNOLOGIES IN (CETY) is negative.