The AI trading bot available at Swing Trader has been generating impressive returns of 4.02% for CEI over the past 6 months, using the Volatility Balanced Strategy v.2 (TA). However, recent market analysis has shown that CEI's RSI indicator has moved out of the overbought zone, potentially indicating a shift in trend from upward to downward. Tickeron's A.I.dvisor has identified 19 similar instances where the indicator moved out of the overbought zone, and in all cases, the stock moved lower in the following days. With odds of a move down at 90%, traders may want to consider selling the stock or exploring put options.
The AI trading bot available at Swing Trader has been generating consistent returns for CEI, with a total return of 4.02% over the past 6 months, using the Swing Trader ($6K per position): Volatility Balanced Strategy v.2 (TA). However, traders must also consider other factors that can influence a stock's movement in the market. One such factor is the Relative Strength Index (RSI) Indicator, which measures the strength of a stock's price movement.
Recently, CEI's 10-day RSI Oscillator moved out of overbought territory on April 04, 2023, indicating that the stock may be shifting from an upward trend to a downward trend. This may be a cause for concern for investors who hold CEI stocks or are considering investing in them.
To better understand the potential impact of the RSI indicator on CEI's stock price, Tickeron's A.I.dvisor analyzed 19 instances where the RSI indicator moved out of the overbought zone for CEI. In all cases, the stock price moved lower in the following days. Based on this analysis, the odds of a move down for CEI are at 90%.
In light of this analysis, traders may want to consider selling the stock or exploring put options to protect their investments. While the AI trading bot at Swing Trader has been generating impressive returns, it is important to remain vigilant and monitor market indicators such as the RSI to make informed trading decisions.
The 10-day RSI Indicator for CEIN moved out of overbought territory on January 08, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 24 instances where the indicator moved out of the overbought zone. In of the 24 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CEIN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CEIN broke above its upper Bollinger Band on January 02, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for CEIN entered a downward trend on December 31, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Momentum Indicator moved above the 0 level on December 27, 2024. You may want to consider a long position or call options on CEIN as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for CEIN just turned positive on December 19, 2024. Looking at past instances where CEIN's MACD turned positive, the stock continued to rise in of 33 cases over the following month. The odds of a continued upward trend are .
CEIN moved above its 50-day moving average on January 02, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for CEIN crossed bullishly above the 50-day moving average on January 03, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a +12 3-day Advance, the price is estimated to grow further. Considering data from situations where CEIN advanced for three days, in of 187 cases, the price rose further within the following month. The odds of a continued upward trend are .
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows