CEMEX SAB-SPONS ADR PART CER (CX) Technical Analysis
NYSE:CX • US1512908898
Current stock price
CX Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to CX. Although CX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month CX has a been trading in the 10.34 - 12.91 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, CX did better than 88% 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 one of the better performing stocks in the Construction Materials industry, it outperforms 100% of 13 stocks in the same industry.
- CX has an average volume of 7159750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- CX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CX is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
CX Weekly and Daily overview Charts
CX Setup Rating and Analysis
CX has an average technical rating and it also does not offer a high 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
CX Support and Resistance Analysis
10.27
When analyzing the support we notice one important area.
- A support zone ranging from 10.37 to 10.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
CX Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for CX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CX is down. |
| ChartMill Relative Strength | 88.31 | POSITIVE | CX has a high relative strength, it outperformed 88.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CX is below a declining 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) | 30.76 | NEUTRAL | The RSI value for CX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests CX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.38 | OVERSOLD | The low Stochastics value suggests CX may be oversold. |
| Average True Range in percent/ATR (20) | 4.61 | MEDIUM VOLATILITY | The ATR as a percentage value for CX suggests some volalility. |
| Average Directional Index/ADX (14) | 27.95 | POSITIVE | The high ADX value value for CX suggests a strong trend. |
CX Chart- and CandleStick Pattern Analysis
CX Technicals: Chart, Performance Metrics, Trend & Indicators
10.41
+0.03 (+0.29%)
CEMEX SAB-SPONS ADR PART CER / CX TA FAQ
What is the ChartMill technical rating of CEMEX SAB-SPONS ADR PART CER (CX) stock?
ChartMill assigns a technical rating of 4 / 10 to CX.
What is the trend direction for CX stock?
The current trend direction for CEMEX SAB-SPONS ADR PART CER (CX) is Bearish.
What is the RSI signal for CX stock?
CEMEX SAB-SPONS ADR PART CER (CX) has an RSI value of 30.7556. 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 negative.