Stock Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
Cemex, S.A.B. de C.V. Sponsored ADR (NYSE:CX)
Bull Market Weakness (+75) - CX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CX
The long-term trend has been DOWN since Oct 2nd, 2023 at 6.47
The intermediate-term trend has been UP since Nov 3rd, 2023 at 6.64
The short-term trend has been UP since Nov 29th, 2023 at 6.90
Smart Scan Analysis for CX
Based on our trend formula, CX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||8.51||Year High Date||2018-01-24|
|Year Low||4.47||Year Low Date||2018-11-23|
|52wk High||8.46||52wk High Date||2023-08-30|
|52wk Low||3.98||52wk Low Date||2022-12-16|
|Year End Close||9.87||Average Volume||4,800,140|
|Shares Outstanding||1,537,634||Short Interest||65,245,544|
|% Institutional||44||Market Cap||5,898M|