CLEANTEK INDUSTRIES INC (CTEK.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:CTEK - CA75101V1013 - Common Stock
Taking everything into account, CTEK scores 7 out of 10 in our technical rating. Both in the recent history as in the last year, CTEK has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: CTEK has an average volume of 24734 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- CTEK is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 96% of 27 stocks in the same industry.
- CTEK is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CTEK has a been trading in the 0.43 - 0.62 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that CTEK is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CTEK has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.47
When analyzing the support we notice one important area.
- Support @0.47 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.60 from a horizontal line in the weekly time frame.
- Resistance @0.61 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for CTEK.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTEK.CA is neutral. |
| ChartMill Relative Strength | 90.79 | POSITIVE | CTEK.CA has a high relative strength, it outperformed 90.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTEK.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTEK.CA is above 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) | 66.24 | NEUTRAL | The RSI value for CTEK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CTEK.CA has a positive trend. |
| Stochastics (14,3) | 84.59 | OVERBOUGHT | The high Stochastics value suggests CTEK.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for CTEK.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.43 | NEGATIVE | The low ADX value for CTEK.CA suggests a weak or negative trend. |
TSX-V:CTEK (1/23/2026, 7:00:00 PM)
0.6
-0.01 (-1.64%)
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.
Can you provide the trend direction for CLEANTEK INDUSTRIES INC?
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 66.2407. This indicates that the stock is currently neutral.
What is the MACD signal for CTEK stock?
The MACD indicator for CLEANTEK INDUSTRIES INC (CTEK.CA) has a value of 0.0149032, indicating a bearish trend.
What is the support and resistance level for CTEK stock?
CLEANTEK INDUSTRIES INC (CTEK.CA) has a support level at 0.47 and a resistance level at 0.6. Check the full technical report for our detailed analysis of CTEK.CA support and resistance levels.