We assign a technical rating of 1 out of 10 to CETY. CETY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
76% of all other stocks performed better in the past year than CETY.
CETY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CETY is lagging the market.
In the last month CETY has a been trading in the 0.42 - 0.65 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.
CETY is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 46% of 210 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.