CETX NEWS why is Cemtrex Inc. price falling or rising

CETX NEWS reasons for why stock price of Cemtrex Inc. is falling or rising

CETX Cemtrex Inc is falling or rising technical reasons

Technical analysis forecast for Cemtrex Inc Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Cemtrex Inc CETX at this time. Stock is falling and might fall more.

It appears as if Cemtrex Inc CETX gave a large move recently.

Stock of Cemtrex Inc (CETX) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Cemtrex Inc is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Cemtrex Inc stays below 3.1, but if it comes above 3.1, then a intra day buy could be more profitable.
If you take a sell trade below 3.1, then use 3.1 as stoploss and 2.6 as target. However if you take a buy trade in Cemtrex Inc, then use 3.1 as stoploss and 3.51 as target.

CETX Cemtrex Inc is falling or rising NEWS fundamental reasons

More announcements and NEWS

CETX Cemtrex Inc. current price & indicator signals

Moving Averages for Cemtrex Inc.

  • 5Day Average: 3.18
  • 12Day Average: 3.4
  • 20Day Average: 3.7
  • 50Day Average: 3.64
  • 100Day Average: 4.18
  • 150Day Average: 4.43
  • 200Day Average: 4.78

CETX Indicators & signals

Indicator MACD (12,26,9)

3.37, 3.55, -0.08
Indicator MACD is in negative zone

Indicator ADX (14)

6.67, 21.88, 25
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CETX Cemtrex Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Thu Apr 2024 3.06 3.06 to 3.18 0.99% 0.05 times
17 Wed Apr 2024 3.03 3.03 to 3.10 -5.31% 0.73 times
16 Tue Apr 2024 3.20 3.20 to 3.58 -1.84% 1.24 times
15 Mon Apr 2024 3.26 3.26 to 3.32 -2.4% 0.34 times
12 Fri Apr 2024 3.34 3.31 to 3.51 -0.3% 0.35 times
11 Thu Apr 2024 3.35 3.30 to 3.49 3.4% 0.15 times
10 Wed Apr 2024 3.24 3.22 to 3.60 -7.69% 3.87 times
09 Tue Apr 2024 3.51 3.43 to 3.54 0.29% 0.19 times
08 Mon Apr 2024 3.50 3.20 to 3.64 0% 0.38 times
05 Fri Apr 2024 3.50 3.27 to 4.00 -11.39% 2.36 times
04 Thu Apr 2024 3.95 3.80 to 3.98 2.07% 0.39 times
03 Wed Apr 2024 3.87 3.81 to 4.04 -2.03% 0.11 times

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