Cemex S.a.b. De C.v. | CX

Daily Technical Analysis of Cemex S.a.b. De C.v.

Cemexb. De C.v. is down a bit on the day, funds flowing out kept the price down -1.81% since yesterday.

The company isn't at an immediate support or resistance level that might be predictive. Cemexb. De C.v. has been drifting up over the last few months, we'll see if it has the energy to keep moving in the right direction. CX might find some support at the 4.6 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Cemexb. De C.v. By Price Target And Rating

The analysts feel fairly neutral on the prospects for CemexB. de C.V. but a little more positive than negative. The current Analysts Sentiment Score is 11.80. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Barclays downgraded from Overweight to Equal Weight on 2024-02-09 and provided a price target of $9.00. Bank of America announced an upgrade on 2024-01-09 from Neutral to Buy and moved up their price target to $9.00 which is a 9.76% increase. Citigroup reiterated a rating of Buy on 2023-11-02 and provided a price target of $8.20. JPMorgan Chase & Co. provided a price target boost of 12.5% to $9.00 from $8.00 on 2023-07-28. Morgan Stanley gave a boost to their price target and moved to $12.00 from $9.00 on 2023-07-28. The Goldman Sachs Group upgraded from Neutral to Buy on 2023-05-03 and also increased their price target by 52.54% to $9.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for CemexB. de C.V.

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for CemexB. de C.V.

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.