CCE Shares Carnegie Clean Energy Limited
BUY ASX · ASXWave-energy momentum, sharp recent volume, and speculative rerating potential keep this high-beta clean-energy play attractive.
Signal breakdown
- ▸Heavy volume surge suggests institutional repositioning and breakout momentum.
- ▾Below 50-day MA (-20.94%)
- ▸Above 200-day MA — long-term uptrend
Is CCE a buy right now?
Trend: CCE is trading below the 50-day average (-27.78%), RSI 50 — neutral momentum, with a 3-month return of -35.00%.
Valuation & quality: Carnegie Clean Energy Limited trades on price-to-book 2.83; fundamentals show net margin 0.0%, return on equity -14.5%, revenue growth 20.4% year on year.
Our screen: BUY (score 2) — Wave-energy momentum, sharp recent volume, and speculative rerating potential keep this high-beta clean-energy play attractive.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| +0.00% | +0.00% | +116.70% | +53.80% | -5.00% | +31.60% | -28.00% | -27.80% |
Fundamentals
Technical signals
About Carnegie Clean Energy Limited
Carnegie Clean Energy Limited engages in the development of the CETO Wave Energy Technology in Australia. Its technology is a submerged point absorber type wave energy converter which converts ocean waves into zero-emission electricity.
Sector: Utilities · Industry: Utilities - Renewable · Australia · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.