Cemtrex Inc. Shares Close the Week 21.0% Lower - Weekly Wrap
Cemtrex Inc. shares closed this week 21.0% lower than it did at the end of last week. The stock is currently up 8.9% year-to-date, up 25.6% over the past 12 months, and down 91.8% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the SP 500 rose 0.9%. Trading Activity Shares traded as high as $2.09 and as low as $1.30 this week.Trading volume this week was 86.4% higher than the 10-day average and 35.1% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.5. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company#39
Cemtrex Inc. Shares Close the Week 21.0% Lower - Weekly Wrap
Cemtrex Inc. shares closed this week 21.0% lower than it did at the end of last week. The stock is currently up 8.9% year-to-date, up 25.6% over the past 12 months, and down 91.8% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the SP 500 rose 0.9%. Trading Activity Shares traded as high as $2.09 and as low as $1.30 this week.Trading volume this week was 86.4% higher than the 10-day average and 35.1% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.5. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company#39