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Is it Time to Dump Clean Energy Technologies Inc (CETY) Stock After it Has Risen 46.84% in a Week?

Wednesday, March 27, 2024 10:37 AM | InvestorsObserver Analysts

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Is it Time to Dump Clean Energy Technologies Inc (CETY) Stock After it Has Risen 46.84% in a Week?

Overall market sentiment has been high on Clean Energy Technologies Inc (CETY) stock lately. CETY receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Clean Energy Technologies Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CETY!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CETY Stock Today?

Clean Energy Technologies Inc (CETY) stock is trading at $1.16 as of 10:28 AM on Wednesday, Mar 27, an increase of $0.03, or 2.65% from the previous closing price of $1.13. The stock has traded between $1.12 and $1.17 so far today. Volume today is less active than usual. So far 36,689 shares have traded compared to average volume of 1,559,241 shares. To screen for more stocks like Clean Energy Technologies Inc click here.

More About Clean Energy Technologies Inc

Clean Energy Technologies Inc is clean energy and environmentally sustainable technologies company offering heat recovery solutions products. In addition, it also provides engineering and manufacturing solutions focused on other energy-efficient and environmentally sustainable technologies. The company's principal product is the Clean Cycle generator, offered by Heat Recovery Solutions. The company's engineering and manufacturing resources support its heat recovery solutions business, as well as continuing to support other emerging growth companies with their Clean-tech technologies. It has three segments: Clean Energy HRS, Cety Europe, and Electronic Manufacturing. It serves various markets, including industrial, aerospace, military, instrumentation, and medical. Click Here to get the full Stock Report for Clean Energy Technologies Inc stock.

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