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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 2024-01-09 View latest technical analysis

10 day averaged volume of Cemtrex Inc is 24950

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	1.01	0.87	1.02	0.87	1.359 times
08 Mon Jan 2024	1.01	1.04	1.04	0.91	2.317 times
05 Fri Jan 2024	1.05	0.87	1.05	0.78	2.966 times
04 Thu Jan 2024	0.81	0.78	0.82	0.75	1.315 times
03 Wed Jan 2024	0.67	0.78	0.87	0.66	2.148 times
02 Tue Jan 2024	0.77	0.88	0.88	0.77	0.064 times
29 Fri Dec 2023	0.82	0.79	0.82	0.70	0.128 times
29 Fri Dec 2023	0.82	0.79	0.82	0.70	0.128 times
28 Thu Dec 2023	0.82	0.79	0.83	0.79	0.341 times
27 Wed Dec 2023	0.82	0.70	0.86	0.70	0.248 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 0.9, but if it comes below 0.9, then a intra day sell could be more profitable.
If you take a sell trade below 0.9, then use 0.9 as stoploss and 0.85 as target. However if you take a buy trade in stock , then use 0.9 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	0.73
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	0.91
Downside Intraday Target	0.8
Upside Intraday Target	1.08
Upside Intraday Target	1.14
Downside Intraday Target	0.97

Weekly technical analysis of Cemtrex Inc (CETXP)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	1.01	1.04	1.04	0.87	0.566 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
09 Tue Jan 2024	1.01	0.88	1.05	0.66	3.079 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 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 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 SELL signal for Cemtrex Inc in short term but SELL 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 0.91 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.