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(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 2024-01-12 View latest technical analysis

10 day averaged volume of Cemtrex Inc is 57470

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	1.01	1.02	1.06	0.71	2.873 times
12 Fri Jan 2024	1.01	1.02	1.06	0.71	2.873 times
11 Thu Jan 2024	1.02	0.95	1.02	0.89	1.81 times
10 Wed Jan 2024	1.01	0.99	1.02	0.99	0.847 times
09 Tue Jan 2024	1.01	0.87	1.02	0.87	0.59 times
08 Mon Jan 2024	1.01	1.04	1.04	0.91	1.006 times
05 Fri Jan 2024	1.05	0.87	1.05	0.78	1.288 times
04 Thu Jan 2024	0.81	0.78	0.82	0.75	0.571 times
03 Wed Jan 2024	0.67	0.78	0.87	0.66	0.933 times
02 Tue Jan 2024	0.77	0.88	0.88	0.77	0.028 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1, but if it comes below 1, then a intra day sell could be more profitable.
If you take a sell trade below 1, then use 1 as stoploss and 0.89 as target. However if you take a buy trade in stock , then use 1 as stoploss and 1.1 as target.

Share price targets for Cemtrex Inc (CETXP)

Target Type	Value
Downside Target	0.66
Downside Target	0.69
Downside Target	0.78
Downside Target	0.82
Downside Target	0.86
Downside Target	0.96
Downside Target	1.01
Upside Target	1.05
Upside Target	1.06
Upside Target	1.10
Upside Target	1.22

Intraday share price targets for Cemtrex Inc (CETXP)

Target Type	Value
Downside Intraday Target	0.79
Downside Intraday Target	0.58
Upside Intraday Target	1.14
Upside Intraday Target	1.28
Downside Intraday Target	0.93

Weekly technical analysis of Cemtrex Inc (CETXP)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	1.01	1.02	1.06	0.71	0.403 times
12 Fri Jan 2024	1.01	1.04	1.06	0.71	2.528 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

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
12 Fri Jan 2024	1.01	0.88	1.06	0.66	8.939 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Cemtrex Inc ( (CETXP) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Cemtrex Inc ( (CETXP) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Cemtrex Inc in short term

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.98 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.