CEAT Stock Shows Mixed Technical Trends Amid Strong Long-Term Performance

CEAT, a midcap player in the Tyres & Allied industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 3064.00, showing a slight increase from the previous close of 3050.90. Over the past week, CEAT has demonstrated a stock return of 2.17%, outperforming the Sensex, which returned 0.87% in the same period.
In terms of performance metrics, CEAT's 52-week high stands at 3,581.45, while the low is recorded at 2,211.00. The stock has shown a notable return of 21.58% over the past year, significantly surpassing the Sensex's 7.52% return. Over a three-year period, CEAT has delivered an impressive 172.05% return compared to the Sensex's 40.71%. Furthermore, the five-year return for CEAT is 290.89%, while the Sensex has returned 145.38% in the same timeframe.

The technical summary indicates a mixed outlook, with various indicators reflecting different trends. The MACD shows bullish signals on a weekly basis, while the monthly perspective leans mildly bearish. Overall, CEAT's recent performance and evaluation adjustment highlight its resilience and competitive positioning within the market.