CECO ENVIRONMENTAL CORP (CECO)

US1251411013 - Common Stock

29.31  +0.56 (+1.95%)

After market: 29.31 0 (0%)

Technical Rating and Analysis

8

Overall CECO gets a technical rating of 8 out of 10. In the last year, CECO was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month CECO has a been trading in the 28.19 - 35.16 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that CECO is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by CECO over the past year are nicely spread over this period.
CECO is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 80% of 83 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CECO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CECO is lagging the market.
Weekly and Daily overview Charts
CECO Weekly chart
CECO Daily chart
Setup Rating and Analysis

3

Although CECO has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

22.62

29.60

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 29.23 to 29.30. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
  • A support zone ranging from 28.56 to 28.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @24.93 from a trend line in the weekly time frame.
  • Support @23.78 from a trend line in the weekly time frame.
  • Support @22.85 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.45
Mansfield0.39
10 Day High35.16
10 Day Low28.19
20 Day High35.16
20 Day Low28.19
52 Week High35.16
52 Week Low18.5
Performance
1 Week-6.06%
2 Weeks-12.92%
1 Month-11.15%
3 Month1.03%
6 Month1.59%
12 Month44.53%
2 Year150.94%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.65
RSI(14)43.8
LBB27.83
UBB35.09
CECO Daily chart

CECO ENVIRONMENTAL CORP

NASDAQ:CECO (12/24/2024, 8:02:10 PM)

After market: 29.31 0 (0%)

29.31

+0.56 (+1.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg1.95%
1 Week-6.06%
2 Weeks-12.92%
1 Month-11.15%
3 Month1.03%
6 Month1.59%
12 Month44.53%
2 Year150.94%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.29
ATR(20)%4.16%
ATR Inc-18.08%
Range Today0.81
ADR(20)1.2
ADR(20)%4.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.45
Mansfield0.39
10 Day High35.16
10 Day Low28.19
20 Day High35.16
20 Day Low28.19
52 Week High35.16
52 Week Low18.5
CS1 End29.3
CR1 StartN/A
Volume & EV
DER(3)-0.47%
DER(5)-0.88%
Volume95.20K
Volume Incr-20.24%
Vol(5)244.26K
Vol(50)315.48K