Clean Energy Technologies Inc (NASDAQ: CETY) Slashes -5.56%: What Could Be On The Way Going Forward?

Clean Energy Technologies Inc (NASDAQ:CETY) shares, rose in value on Friday, June 20, with the stock price down by -5.56% to the previous day’s close as strong demand from buyers drove the stock to $0.25.

Actively observing the price movement in the last trading, the stock closed the session at $0.27, falling within a range of $0.255 and $0.2829. The value of beta (5-year monthly) was -0.307. Referring to stock’s 52-week performance, its high was $1.54, and the low was $0.25. On the whole, CETY has fluctuated by -34.62% over the past month.

With the market capitalization of Clean Energy Technologies Inc currently standing at about $15.78 million, investors are eagerly awaiting this quarter’s results, scheduled for in July.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CETY’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the price of CETY currently trading nearly -11.12% and -28.50% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.19, while the 7-day volatility ratio is showing 2.53% which for the 30-day chart, stands at 7.34%. Furthermore, Clean Energy Technologies Inc (CETY)’s beta value is -0.31, and its average true range (ATR) is 0.03.

A comparison of Clean Energy Technologies Inc (CETY) with its peers suggests the former has fared considerably weaker in the market. CETY showed an intraday change of -5.56% in last session, and over the past year, it shrunk by -82.17%%.

Data on historical trading for Clean Energy Technologies Inc (NASDAQ:CETY) indicates that the trading volumes over the past 10 days have averaged 0.59 and over the past 3 months, they’ve averaged 517.50K. According to company’s latest data on outstanding shares, there are 47.48 million shares outstanding.

Nearly 57.55% of Clean Energy Technologies Inc’s shares belong to company insiders and institutional investors own 0.65% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.41 million shares as on 2025-05-30, resulting in a short ratio of 0.37. According to the data, the short interest in Clean Energy Technologies Inc (CETY) stood at 128.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 0.17 million. The stock has fallen by -58.44% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CETY stock heading into the next quarter.

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