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

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

Cemtrex Inc trades in USA in Capital Goods sector.

Showing technical analysis as on 2024-06-07 View latest technical analysis

10 day averaged volume of Cemtrex Inc is 4266570

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	0.32	0.34	0.34	0.30	0.33 times
06 Thu Jun 2024	0.34	0.37	0.38	0.33	0.365 times
05 Wed Jun 2024	0.37	0.32	0.39	0.32	0.527 times
04 Tue Jun 2024	0.33	0.36	0.36	0.33	0.223 times
03 Mon Jun 2024	0.36	0.36	0.38	0.35	0.319 times
31 Fri May 2024	0.37	0.37	0.41	0.36	0.511 times
30 Thu May 2024	0.39	0.41	0.56	0.36	5.113 times
29 Wed May 2024	0.39	0.36	0.41	0.36	0.764 times
28 Tue May 2024	0.36	0.36	0.39	0.35	0.539 times
23 Thu May 2024	0.35	0.38	0.40	0.32	0.728 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 0.3 as stoploss in an intra day buy trade for a target of 0.35. However, stock will show a bearish move below 0.3.

Share price targets for Cemtrex Inc (CETX)

Target Type	Value
Downside Target	0.25
Downside Target	0.26
Downside Target	0.30
Downside Target	0.32
Upside Target	0.35
Upside Target	0.39
Upside Target	0.48
Upside Target	0.50
Upside Target	0.56
Upside Target	1.10
Upside Target	2.91
Upside Target	3.20
Upside Target	3.91
Upside Target	4.30
Upside Target	5.76

Intraday share price targets for Cemtrex Inc (CETX)

Target Type	Value
Downside Intraday Target	0.28
Downside Intraday Target	0.25
Upside Intraday Target	0.37
Upside Intraday Target	0.43
Upside Intraday Target	0.34

Weekly technical analysis of Cemtrex Inc (CETX)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	0.32	0.36	0.39	0.30	0.255 times
31 Fri May 2024	0.37	0.36	0.56	0.35	1.489 times
23 Thu May 2024	0.35	0.43	0.48	0.32	0.591 times
17 Fri May 2024	0.49	0.29	0.50	0.26	4.025 times
10 Fri May 2024	0.28	0.29	0.32	0.26	0.326 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 (CETX)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	0.32	0.36	0.39	0.30	0.065 times
31 Fri May 2024	0.37	0.30	0.56	0.25	90.615 times
30 Tue Apr 2024	1.14	4.10	4.30	1.10	0.643 times
28 Thu Mar 2024	4.19	3.52	5.76	3.20	4.241 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 (CETX)

Price action analysis of Cemtrex Inc ( (CETX) ) 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 ( (CETX) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Cemtrex Inc ( (CETX) ) based on a mid to longer 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.

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 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Cemtrex Inc in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 0.38 and Cemtrex Inc (CETX) 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 (CETX) stock. Volume based technical analysis of Cemtrex Inc (CETX) 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.