Taking everything into account, CEK scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CEK has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CEK is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, CEK also shows a nice and consistent pattern of rising prices.
CEK is one of the better performing stocks in the Communications Equipment industry, it outperforms 87% of 25 stocks in the same industry.
A new 52 week high is currently being made by CEK, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so CEK is leading the market.
In the last month CEK has a been trading in the 5.90 - 10.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.