CTEC in +2.23% Uptrend, rising for three consecutive days on February 19, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where CTEC advanced for three days, in of 241 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for CTEC just turned positive on February 18, 2025. Looking at past instances where CTEC's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 57 cases where CTEC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on February 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CTEC as a result. In of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The 10-day moving average for CTEC crossed bearishly below the 50-day moving average on January 22, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
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 .
The Aroon Indicator for CTEC entered a downward trend on February 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category WorldStock
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% | -2.92% | ||
| ICLN - CTEC | 93% Closely correlated | -1.39% | ||
| TAN - CTEC | 93% Closely correlated | -2.66% | ||
| QCLN - CTEC | 89% Closely correlated | -3.02% | ||
| PBD - CTEC | 88% Closely correlated | -1.02% | ||
| XT - CTEC | 80% Closely correlated | -1.61% | ||
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