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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 2023-12-27 View latest technical analysis

10 day averaged volume of Cemtrex Inc is 4650

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Dec 2023	0.82	0.70	0.86	0.70	1.333 times
26 Tue Dec 2023	0.78	0.75	0.78	0.67	1.849 times
22 Fri Dec 2023	0.73	0.90	0.90	0.73	1.785 times
20 Wed Dec 2023	0.90	0.77	0.90	0.77	0.323 times
15 Fri Dec 2023	0.92	0.92	0.96	0.92	3.742 times
14 Thu Dec 2023	0.92	0.85	0.96	0.78	1.204 times
12 Tue Dec 2023	0.83	0.85	0.85	0.83	0.129 times
11 Mon Dec 2023	0.81	0.81	0.81	0.81	0.043 times
08 Fri Dec 2023	0.85	0.81	0.85	0.81	0.452 times
07 Thu Dec 2023	0.85	0.82	0.86	0.78	0.387 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.8 as stoploss in an intra day buy trade for a target of 0.84. However, stock will show a bearish move below 0.8.

Share price targets for Cemtrex Inc (CETXP)

Target Type	Value
Downside Target	0.57
Downside Target	0.67
Downside Target	0.69
Downside Target	0.73
Downside Target	0.75
Downside Target	0.78
Upside Target	0.86
Upside Target	0.90
Upside Target	0.96
Upside Target	1.01
Upside Target	1.10
Upside Target	1.22
Upside Target	1.26

Intraday share price targets for Cemtrex Inc (CETXP)

Target Type	Value
Downside Intraday Target	0.71
Downside Intraday Target	0.59
Upside Intraday Target	0.9
Upside Intraday Target	0.97
Downside Intraday Target	0.78

Weekly technical analysis of Cemtrex Inc (CETXP)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Dec 2023	0.82	0.75	0.86	0.67	1.51 times
22 Fri Dec 2023	0.73	0.77	0.90	0.73	0.412 times
15 Fri Dec 2023	0.92	0.81	0.96	0.78	4.857 times
08 Fri Dec 2023	0.85	0.90	0.90	0.78	0.329 times
01 Fri Dec 2023	0.88	0.75	0.90	0.75	0.876 times

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

Monthly technical analysis of Cemtrex Inc (CETXP)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Dec 2023	0.82	0.83	0.96	0.67	0.729 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
29 Fri Sep 2023	0.98	1.11	1.22	0.78	0.555 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL signal for Cemtrex Inc in short term and the sell signal is strong.

Cemtrex Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 moving up

CCI has generated a buy signal for Cemtrex Inc in short term but BUY signal is weak.

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 0.85 and Cemtrex Inc (CETXP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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