GLOBAL X CLEANTECH ETF (CTEC) Stock Technical Analysis
NASDAQ:CTEC - Nasdaq - US37954Y2283 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to CTEC. CTEC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CTEC is a bad performer in the overall market: 82% of all stocks are doing better.
CTEC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: CTEC has an average volume of 26046 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CTEC has a been trading in the 6.11 - 6.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CTEC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for CTEC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.52
8.34
5 important resistance areas can be observed.
- A resistance zone ranging from 6.60 to 6.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.81 to 6.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.21 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 7.48 to 7.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @8.26 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.62
Mansfield-1.98
10 Day High6.85
10 Day Low6.11
20 Day High6.95
20 Day Low6.11
52 Week High10.07
52 Week Low6.11
Performance
1 Week4.03%
2 Weeks-1.13%
1 Month-2.73%
3 Month-8.03%
6 Month-10.41%
12 Month-32.25%
2 Year-58.64%
3 Year-60.45%
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
RSI(14)48.21
LBB6.21
UBB6.97
NASDAQ:CTEC (3/7/2025, 8:16:34 PM)
6.585
+0.13 (+1.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.93%
1 Week4.03%
2 Weeks-1.13%
1 Month-2.73%
3 Month-8.03%
6 Month-10.41%
12 Month-32.25%
2 Year-58.64%
3 Year-60.45%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%2.72%
ATR Inc-31.93%
Range Today0.12
ADR(20)0.14
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.62
Mansfield-1.98
10 Day High6.85
10 Day Low6.11
20 Day High6.95
20 Day Low6.11
52 Week High10.07
52 Week Low6.11
CS1 EndN/A
CR1 Start6.6
Volume & EV
DER(3)5.08%
DER(5)2.68%
Volume109.90K
Volume Incr105.89%
Vol(5)31.10K
Vol(50)26.05K