CEMEX SAB-SPONS ADR PART CER (CX) Stock Technical Analysis
NYSE:CX - US1512908898 - ADR
9.04 USD
+0.11 (+1.23%)
9.04 USD
0 (0%)
We assign a technical rating of 10 out of 10 to CX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CX is one of the better performing stocks in the market, outperforming 89% of all stocks.
CX is one of the better performing stocks in the Construction Materials industry, it outperforms 91% of 13 stocks in the same industry.
CX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CX has a been trading in the 8.17 - 9.19 range, which is quite wide. It is currently trading near the high of this range.
CX has an average volume of 12494300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although CX has an excellent technical rating, the quality of the presented setup is not ideal 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
5.13
9.14
4 important support areas can be observed.
- Support @9.00 from a trend line in the daily time frame.
- A support zone ranging from 8.20 to 8.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.78 from a horizontal line in the daily time frame.
- Support @5.18 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.05 to 9.05. 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 CX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CX is up. |
| ChartMill Relative Strength | 89.43 | POSITIVE | CX has a high relative strength, it outperformed 89.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.23 | OVERBOUGHT | The high RSI value suggests CX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72 | NEUTRAL | The Stochastics value for CX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for CX suggests some volalility. |
| Average Directional Index/ADX (14) | 47.18 | POSITIVE | The high ADX value value for CX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
9.04
+0.11 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryConstruction Materials
Performance
% Chg1.23%
1 Week2.84%
2 Weeks6.35%
1 Month3.91%
3 Month31.97%
6 Month45.81%
12 Month47.47%
2 Year13.43%
3 Year141.71%
5 Year181.62%
10 Year15.01%
15 Year21.31%
Volatility
ATR(14)0.2
ATR(20)%2.44%
ATR Inc18.24%
Range Today0.23
ADR(20)0.21
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.43
Mansfield2.86
10 Day High9.19
10 Day Low8.44
20 Day High9.19
20 Day Low8.17
52 Week High9.19
52 Week Low4.89
CS1 End9
CR1 Start9.05
Volume & EV
DER(3)1.89%
DER(5)2.32%
Volume20.10M
Volume Incr12.11%
Vol(5)14.30M
Vol(50)12.49M