Cemtrex Stock Technical Analysis

CETX
 Stock
  

USD 0.18  0.02  12.50%   

As of the 3rd of December, Cemtrex shows the risk adjusted performance of (0.12), and Mean Deviation of 4.93. Cemtrex technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Cemtrex, which can be compared to its rivals. Please confirm Cemtrex downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Cemtrex is priced correctly, providing market reflects its regular price of 0.18 per share. As Cemtrex appears to be a penny stock we also recommend to validate its total risk alpha numbers.
  

Cemtrex Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cemtrex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Cemtrex
Cemtrex's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Cemtrex Analyst Consensus

Target PriceAdvice# of Analysts
3.5Strong Buy1Odds
Cemtrex current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cemtrex analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cemtrex stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cemtrex, talking to its executives and customers, or listening to Cemtrex conference calls.
Cemtrex Analyst Advice Details
Cemtrex technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Cemtrex technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cemtrex trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Cemtrex Technical Analysis

Indicator
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Normalized Average True Range is used to analyze tradable apportunities for Cemtrex across different markets.
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Cemtrex Trend Analysis

Use this graph to draw trend lines for Cemtrex. You can use it to identify possible trend reversals for Cemtrex as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Cemtrex price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Cemtrex Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cemtrex applied against its price change over selected period. The best fit line has a slop of   -0.0009  , which may suggest that Cemtrex market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Cemtrex price change compared to its average price change.

About Cemtrex Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Cemtrex on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Cemtrex based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cemtrex price pattern first instead of the macroeconomic environment surrounding Cemtrex. By analyzing Cemtrex's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Cemtrex's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Cemtrex specific price patterns or momentum indicators. Please read more on our technical analysis page.

Cemtrex December 3, 2022 Technical Indicators

Most technical analysis of Cemtrex help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Cemtrex from various momentum indicators to cycle indicators. When you analyze Cemtrex charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Continue to Trending Equities. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Cemtrex price analysis, check to measure Cemtrex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cemtrex is operating at the current time. Most of Cemtrex's value examination focuses on studying past and present price action to predict the probability of Cemtrex's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cemtrex's price. Additionally, you may evaluate how the addition of Cemtrex to your portfolios can decrease your overall portfolio volatility.
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Is Cemtrex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cemtrex. If investors know Cemtrex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cemtrex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
4.6 M
Quarterly Revenue Growth YOY
0.32
Return On Assets
(0.14) 
Return On Equity
(0.47) 
The market value of Cemtrex is measured differently than its book value, which is the value of Cemtrex that is recorded on the company's balance sheet. Investors also form their own opinion of Cemtrex's value that differs from its market value or its book value, called intrinsic value, which is Cemtrex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cemtrex's market value can be influenced by many factors that don't directly affect Cemtrex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cemtrex's value and its price as these two are different measures arrived at by different means. Investors typically determine Cemtrex value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cemtrex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.