What technical indicators or price patterns are emerging on CETX's chart following the earnings announcement?
Technical readâout after the Q3â2025 earnings beat
Since the earnings release, CETâŻXâs price action has produced a classic bullish breakout from a wellâdefined consolidation zone that held roughly between $5.30â$5.75 over the prior three weeks. The stock pierced the upper boundary of that range on higher than average volume (â2.3âŻĂ the 10âday average) and now sits around $6.05 (â+8âŻ% from the prior close). On the daily chart a bullish âcupâwithâhandleâ is forming: the âcupâ was carved out by a smooth, roughly Vâshaped dip to $5.30, followed by a gentle upward âhandleâ that has been testing the previous high at $5.90â$5.95. A break above $6.00 would complete the pattern and historically yields a 3â to 4âmonth rally of 15â20âŻ% for similar smallâcap tech names.
Key indicators
Indicator | Current reading | Implication |
---|---|---|
20âday EMA | $5.85 (price > EMA) | Shortâterm bullish bias |
50âday EMA | $5.62 (price > EMA) | Mediumâterm upside |
20âday RSI | 68 (nearâoverbought) | Momentum still strong, watch for pullâback if >70 |
MACD (12,26,9) | Histogram turning positive, MACD line above signal | Momentum turning upward |
Volume | +230âŻ% vs 10âday avg on breakout day | Strong conviction |
OBV | Trending up, no divergence | Accumulation |
Trading implications
Long entry: A breakout above the immediate resistance at $6.10â$6.15 with a close above that level and sustained volume would be a clean trigger for a 3âmonth target around $7.00â$7.30 (â20â25âŻ% upside). Place a stop just below the cupâs low ($5.25) or, more conservatively, below the 20âday EMA (~$5.80) to limit risk.
Shortâterm risk: The RSI is edging close to overbought territory and the 20âday RSI is near 70; a pullâback to the 20âday EMA or the $5.90â$6.00 âhandleâ region could offer a shortâterm sellâtheârally or a tightening stopâloss for existing longs.
If the breakout fails (price falls back below $5.95 with volume shrinking), the pattern would likely transition into a failed breakout and a retest of the cupâs low ($5.30) could signal a move back toward the 50âday EMA ($5.62) and a potential shortâterm retracement of 3â5âŻ% before the next catalyst.
Overall, the earnings beat has unlocked a classic bullish pattern with supportive momentum indicators; the key watchâpoint is whether the price can hold above $6.10 on volume, which would validate a multiâweek upward thrust.