CLEAN ENERGY TECHNOLOGIES IN (CETY) Stock Technical Analysis
NASDAQ:CETY • US18452H3057
We assign a technical rating of 0 out of 10 to CETY. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CETY is a bad performer in the overall market: 98% of all stocks are doing better.
- CETY is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, of which 94% are performing better than CETY.
- CETY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month CETY has a been trading in the 0.46 - 1.00 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
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
0.58
We found 1 important resistance area.
- A resistance zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 2.18 | NEGATIVE | CETY has a low relative strength, it was outperformed by 97.82% 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) | 39.99 | 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) | 40.01 | NEUTRAL | The Stochastics value for CETY is a neutral value. |
| Average True Range in percent/ATR (20) | 17.52 | HIGH VOLATILITY | The high ATR as a percentage value for CETY suggests high volalility. |
| Average Directional Index/ADX (14) | 15.29 | NEGATIVE | The low ADX value for CETY suggests a weak or negative trend. |
0.5842
-0.01 (-2.19%)
CLEAN ENERGY TECHNOLOGIES IN / CETY FAQ
Can you provide the ChartMill technical rating for CLEAN ENERGY TECHNOLOGIES IN?
ChartMill assigns a technical rating of 0 / 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 39.9892. 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 0.0045744, indicating a bearish trend.
What is the support and resistance level for CETY stock?
CLEAN ENERGY TECHNOLOGIES IN (CETY) has a resistance level at 0.59. Check the full technical report for our detailed analysis of CETY support and resistance levels.