CTEC's Stochastic Oscillator remains in overbought zone for 3 days
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CTEC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CTEC broke above its upper Bollinger Band on January 06, 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 02, 2025. You may want to consider a long position or call options on CTEC as a result. In of 70 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 CTEC just turned positive on January 02, 2025. Looking at past instances where CTEC's MACD turned positive, the stock continued to rise in of 37 cases over the following month. The odds of a continued upward trend are .
CTEC moved above its 50-day moving average on January 03, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for CTEC crossed bullishly above the 50-day moving average on January 08, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 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 3-day Advance, the price is estimated to grow further. Considering data from situations where CTEC advanced for three days, in of 234 cases, the price rose further within the following month. The odds of a continued upward trend are .
General Information
Category WorldStock
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| JCNIX | 28.38 | 0.28 | +1.00% |
| Janus Henderson Contrarian S | |||
| RYWAX | 52.33 | 0.27 | +0.52% |
| Rydex S&P SmallCap 600 Pure Growth H | |||
| ABIEX | 8.51 | 0.04 | +0.47% |
| AB Emerging Markets Multi-Asset I | |||
| VSCNX | 21.98 | 0.10 | +0.46% |
| Natixis Vaughan Nelson Small Cap Value N | |||
| SGQAX | 40.07 | 0.17 | +0.43% |
| DWS International Growth A | |||
CTEC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CTEC has been closely correlated with ICLN. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if CTEC jumps, then ICLN could also see price increases.
| Ticker / NAME | Correlation To CTEC | 1D Price Change % | ||
|---|---|---|---|---|
| CTEC | 100% | -0.57% | ||
| ICLN - CTEC | 93% Closely correlated | +0.35% | ||
| TAN - CTEC | 93% Closely correlated | -0.84% | ||
| QCLN - CTEC | 89% Closely correlated | +0.31% | ||
| PBD - CTEC | 88% Closely correlated | +0.09% | ||
| XT - CTEC | 80% Closely correlated | +0.96% | ||
More | ||||