CEMEX SAB-SPONS ADR PART CER (CX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CX - US1512908898 - ADR
We assign a technical rating of 10 out of 10 to CX. Both in the recent history as in the last year, CX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CX did better than 95% of all other stocks. We also observe that the gains produced by CX over the past year are nicely spread over this period.
- CX is part of the Construction Materials industry. There are 13 other stocks in this industry. CX outperforms 91% of them.
- 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 11.44 - 13.04 range, which is quite wide. It is currently trading near the high of this range.
- CX has an average volume of 6530410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, CX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
10.08
We found 3 important support areas.
- A support zone ranging from 11.37 to 11.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.05 from a trend line in the daily time frame.
- Support @10.18 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 | 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 | 95.51 | POSITIVE | CX has a high relative strength, it outperformed 95.51% 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) | 68.75 | NEUTRAL | The RSI value for CX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.93 | OVERBOUGHT | The high Stochastics value suggests CX may be overbought. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for CX suggests some volalility. |
| Average Directional Index/ADX (14) | 38.89 | POSITIVE | The high ADX value value for CX suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.05 | 12.28 | 0.77 (5.94%) | 16.84% |
| An entry @13.05. This is a Buy Stop order right above the 10 day high. | An exit @12.28. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.77 points, which is 5.94%. | When investing 16.84% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
12.91
-0.08 (-0.62%)
CEMEX SAB-SPONS ADR PART CER / CX FAQ
What is the ChartMill technical rating of CEMEX SAB-SPONS ADR PART CER (CX) stock?
ChartMill assigns a technical rating of 10 / 10 to CX.
What is the trend direction for CX stock?
The current trend direction for CEMEX SAB-SPONS ADR PART CER (CX) is Bullish.
What is the RSI signal for CX stock?
CEMEX SAB-SPONS ADR PART CER (CX) has an RSI value of 68.7488. This indicates that the stock is currently neutral.
What is the short term momentum for CX stock?
The short term momentum for CEMEX SAB-SPONS ADR PART CER (CX) is positive.
What is the buy/sell signal for CEMEX SAB-SPONS ADR PART CER (CX) stock?
The buy/sell signal for CEMEX SAB-SPONS ADR PART CER (CX) is buy as both the short term and long term trends are positive.