How has CEI stock performed in 2022?

The most recent uptick in the CEI stock value pushed the performance of the shares to positive territory in 2022, gaining 3.3% thus far since the year started. Momentum indicators have moved higher amid this recent jump with the Relative Strength Index (RSI) making multiple higher highs and currently standing above the 50 mark (bullish).

Will the cloud computing market grow in 2025?

There's plenty more growth ahead on that front, too. Technavio estimates the global cloud computing market will grow at an annualized rate of 17% through 2025, adding $287 billion to the industry's total annual revenue during that stretch. And even in 2025, the world's need for cloud computing services will still be years away from peaking.

Will the market outlook change into year-end 2023?

"We don't think the market outlook has changed into year-end 2023. In fact, this will ultimately prove to be a great buying opportunity. Stifel's chief equity strategist Barry Bannister told clients earlier this month that this year's strong stock rally is over, and investors should prepare for weak returns for the rest of the year.

What is the stock's expected price range in the next 3 months?

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -31.44% during the next 3 months and, with a 90% probability hold a price between $0.321 and $0.81 at the end of this 3-month period.