CLEANTEK INDUSTRIES INC (CTEK.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:CTEK - CA75101V1013 - Common Stock
We assign a technical rating of 7 out of 10 to CTEK. In the last year, CTEK was one of the better performers, but we do observe some doubts in the very recent evolution.
Although CTEK has an excellent technical rating, it does not present a decent entry opportunity 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
0.44
We found 3 important support areas.
- Support @0.47 from a trend line in the daily time frame.
- A support zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.44 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.56 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for CTEK.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTEK.CA is down. |
| ChartMill Relative Strength | 90.74 | POSITIVE | CTEK.CA has a high relative strength, it outperformed 90.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTEK.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CTEK.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTEK.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.56 | NEUTRAL | The RSI value for CTEK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CTEK.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.74 | OVERSOLD | The low Stochastics value suggests CTEK.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.22 | HIGH VOLATILITY | The high ATR as a percentage value for CTEK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.54 | NEGATIVE | The low ADX value for CTEK.CA suggests a weak or negative trend. |
TSX-V:CTEK (12/23/2025, 7:00:00 PM)
0.47
0 (0%)
CLEANTEK INDUSTRIES INC / CTEK.CA FAQ
What is the ChartMill technical rating of CLEANTEK INDUSTRIES INC (CTEK.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to CTEK.CA.
What is the trend direction for CTEK stock?
The current trend direction for CLEANTEK INDUSTRIES INC (CTEK.CA) is Bullish.
What is the RSI signal for CTEK stock?
CLEANTEK INDUSTRIES INC (CTEK.CA) has an RSI value of 44.5595. This indicates that the stock is currently neutral.
What is the short term momentum for CLEANTEK INDUSTRIES INC (CTEK.CA) stock?
The short term momentum for CLEANTEK INDUSTRIES INC (CTEK.CA) is negative.
Can you provide the buy/sell signal for CLEANTEK INDUSTRIES INC?
The buy/sell signal for CLEANTEK INDUSTRIES INC (CTEK.CA) is hold as the short term and long term trends are mixed.