Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(CETXP) Cemtrex Inc complete technical analysis [charts+indicators] | Buy/Sell Cemtrex Inc | (CETXP) share price targets

Complete technical analysis of Cemtrex Inc (CETXP) by charts plus indicators, forecast predictions and share price targets for Cemtrex Inc (CETXP)

Cemtrex Inc trades in USA in Capital Goods sector.

Showing technical analysis as on 2024-01-08 View latest technical analysis

10 day averaged volume of Cemtrex Inc is 20000

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	1.01	1.04	1.04	0.91	2.89 times
05 Fri Jan 2024	1.05	0.87	1.05	0.78	3.7 times
04 Thu Jan 2024	0.81	0.78	0.82	0.75	1.64 times
03 Wed Jan 2024	0.67	0.78	0.87	0.66	2.68 times
02 Tue Jan 2024	0.77	0.88	0.88	0.77	0.08 times
29 Fri Dec 2023	0.82	0.79	0.82	0.70	0.16 times
29 Fri Dec 2023	0.82	0.79	0.82	0.70	0.16 times
28 Thu Dec 2023	0.82	0.79	0.83	0.79	0.425 times
27 Wed Dec 2023	0.82	0.70	0.86	0.70	0.31 times
26 Tue Dec 2023	0.78	0.75	0.78	0.67	0.43 times

Stock of Cemtrex Inc (CETXP) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1, for a target of 0.9 or 0.85

Share price targets for Cemtrex Inc (CETXP)

Target Type	Value
Downside Target	0.66
Downside Target	0.69
Downside Target	0.73
Downside Target	0.78
Downside Target	0.82
Downside Target	0.86
Downside Target	0.90
Downside Target	0.96
Downside Target	1.01
Upside Target	1.04
Upside Target	1.05
Upside Target	1.10
Upside Target	1.22

Intraday share price targets for Cemtrex Inc (CETXP)

Target Type	Value
Downside Intraday Target	0.93
Downside Intraday Target	0.86
Upside Intraday Target	1.06
Upside Intraday Target	1.12
Downside Intraday Target	0.99

Weekly technical analysis of Cemtrex Inc (CETXP)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	1.01	1.04	1.04	0.91	0.357 times
05 Fri Jan 2024	1.05	0.88	1.05	0.66	50.625 times
29 Fri Dec 2023	0.82	0.79	0.82	0.70	0.121 times
29 Fri Dec 2023	0.82	0.75	0.86	0.67	2.704 times
22 Fri Dec 2023	0.73	0.77	0.90	0.73	0.412 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Cemtrex Inc (CETXP)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	1.01	0.88	1.05	0.66	2.667 times
29 Fri Dec 2023	0.82	0.83	0.96	0.67	0.89 times
27 Mon Nov 2023	0.84	0.90	1.01	0.69	1.037 times
27 Fri Oct 2023	0.99	0.95	1.10	0.79	0.562 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Cemtrex Inc (CETXP)

Price action analysis of Cemtrex Inc ( (CETXP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Cemtrex Inc ( (CETXP) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Cemtrex Inc ( (CETXP) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Cemtrex Inc ( (CETXP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Cemtrex Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Cemtrex Inc in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Cemtrex Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Cemtrex Inc in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Cemtrex Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.9 and Cemtrex Inc (CETXP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Cemtrex Inc (CETXP) stock. Volume based technical analysis of Cemtrex Inc (CETXP) stock is negative.

Cemtrex Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.