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 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 89% of all other stocks. On top of that, CX also shows a nice and consistent pattern of rising prices.
- 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 in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CX is lagging the market slightly.
- In the last month CX has a been trading in the 10.28 - 12.28 range, which is quite wide. It is currently trading near the high of this range.
- CX has an average volume of 6727210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CX Weekly and Daily overview Charts
CX Setup Rating and Analysis
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 a support zone below the current price at 11.99, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CX Support and Resistance Analysis
9.94
We found 4 important support areas.
- A support zone ranging from 11.45 to 11.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.47 from a trend line in the weekly time frame.
- Support @10.22 from a trend line in the daily time frame.
- Support @10.04 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @13.18 from a horizontal line in the daily time frame.
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 | 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 | 89.18 | POSITIVE | CX has a high relative strength, it outperformed 89.18% 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) | 58.68 | NEUTRAL | The RSI value for CX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.48 | NEUTRAL | The Stochastics value for CX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for CX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.76 | NEGATIVE | The low ADX value for CX suggests a weak or negative trend. |
CX Chart- and CandleStick Pattern Analysis
CX Example Setup
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 |
|---|---|---|---|
| 12.29 | 11.44 | 0.85 (6.92%) | 14.46% |
| An entry @12.29. This is a Buy Stop order right above the 10 day high. | An exit @11.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.85 points, which is 6.92%. | For a 1.00% total portfolio risk, you can invest 14.46% of your capital in this trade. |
- 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.
CX Technicals: Chart, Performance Metrics, Trend & Indicators
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+0.03 (+0.25%)
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 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 CEMEX SAB-SPONS ADR PART CER (CX) stock?
CEMEX SAB-SPONS ADR PART CER (CX) has an RSI value of 58.6815. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CEMEX SAB-SPONS ADR PART CER?
The MACD indicator for CEMEX SAB-SPONS ADR PART CER (CX) has a value of 0.0875657, indicating a bearish trend.
Can you provide the support and resistance levels for CEMEX SAB-SPONS ADR PART CER?
CEMEX SAB-SPONS ADR PART CER (CX) has a support level at 11.99 and a resistance level at 13.18. Check the full technical report for our detailed analysis of CX support and resistance levels.