CECO last traded at $50.50. On daily bars, all of the trend and momentum measures below are currently negative.
•The 50-day simple moving average is $67.35, so CECO is trading below its 50-day average.
•The 200-day simple moving average is $71.91, so CECO is trading below its 200-day average — the level most often used to separate a long-term uptrend from a downtrend.
•The 50-day average is below the 200-day, the configuration known as a death cross.
•The 14-day RSI is 34.3 — between 30 and 70, which is the neutral band.
•The MACD line is -5.21 against a signal line of -4.76, so MACD is below its signal line.
•Over the past year CECO has traded between $45.81 and $101.24, putting it 8% of the way up that range.
•Volume on the latest session was 989.7K shares against a 20-day average of 1.2M — 0.8× the average.
CECO ENVIRONMENTAL CORP
CECO Environmental Corp is an industrial company, serving industrial air, industrial water,and energy transition markets. It offers various engineered and configured products and solutions, including dampers and diverters, selective catalytic reduction systems, severe-service and industrial cyclones, dust collectors, thermal oxidizers, filtration systems, wet and dry scrubbers, water treatment packages, industrial silencers, etc. These products are offered through brands like Western Airducts, WK, Wakefield Acoustics, Transcend, Verantis, and others. The company's reportable segments are: Engineered Systems, which derive maximum revenue, and Industrial Process Solutions. Geographically, it derives key revenue from the U.S., followed by the Netherlands, the UK, China, and other markets.
Sector
Manufacturing
Themes
Industrial power and precision equipmentCoreWhat the theme’s name describes.Included in theme scans.
Industrial power and precision equipment
Electric power grid infrastructureSatelliteRelated trades in sympathy.Included in theme scans.
