CECO
CECO Environmental Corp. Industrials - Pollution & Treatment Controls Investor Relations →
CECO Environmental Corp. (CECO) closed at $98.40 as of 2026-06-19, trading 230.0% above its 200-week moving average of $29.82. The stock moved further from the line this week, up from 229.3% last week. With a 14-week RSI of 86, CECO is in overbought territory.
Trading volume is running at 0.9x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.02 ratio) is neutral — neither side is clearly dominating.
Over the past 2328 weeks of data, CECO has crossed below its 200-week moving average 31 times. On average, these episodes lasted 37 weeks. Historically, investors who bought CECO at the start of these episodes saw an average one-year return of +12.3%.
With a market cap of $3.5 billion, CECO is a mid-cap stock. The company generates a free cash flow yield of 0.3%. Return on equity stands at 5.4%. The stock trades at 11.3x book value.
Share count has increased 3.7% over three years, indicating dilution.
Over the past 33.5 years, a hypothetical investment of $100 in CECO would have grown to $4418, compared to $3097 for the S&P 500. That represents an annualized return of 12.0% vs 10.8% for the index — confirming CECO as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: CECO vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CECO Crosses Below the Line?
Across 25 historical episodes, buying CECO when it crossed below its 200-week moving average produced an average return of +3.0% after 12 months (median -5.0%), compared to +10.8% for the S&P 500 over the same periods. 33% of those episodes were profitable after one year. After 24 months, the average return was +29.9% vs +22.9% for the index.
Each line shows $100 invested at the moment CECO crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. CECO currently has negative free cash flow, so price-based dislocation levels are not available. The score still tracks yield deviation from baseline.
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from CECO's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
CECO has crossed below its 200-week MA 31 times with an average 1-year return of +12.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 1981 | Nov 1981 | 1 | 26.5% | +55.6% | +5938.6% |
| Mar 1982 | Oct 1982 | 33 | 21.2% | +16.7% | +4429.0% |
| May 1984 | May 1984 | 1 | 4.3% | +100.0% | +3296.7% |
| Jul 1984 | Oct 1984 | 10 | 16.7% | +50.0% | +3296.7% |
| Oct 1984 | Jan 1985 | 12 | 28.5% | +130.8% | +4080.6% |
| Feb 1987 | Apr 1991 | 220 | 88.5% | -61.4% | +1546.9% |
| Nov 1991 | Dec 1991 | 6 | 7.7% | +53.8% | +5474.1% |
| May 1994 | May 1994 | 3 | 18.0% | +26.1% | +3838.2% |
| Jun 1994 | Apr 1995 | 45 | 40.2% | +54.3% | +3838.2% |
| Dec 1995 | Jan 1996 | 6 | 14.6% | -37.0% | +3254.8% |
| Feb 1996 | May 1997 | 65 | 46.7% | -20.0% | +3523.2% |
| Dec 1997 | Jan 1998 | 4 | 3.7% | N/A | +3674.2% |
| Feb 1998 | Mar 1998 | 1 | 2.6% | -5.2% | +3635.2% |
| Apr 1998 | Mar 1999 | 49 | 51.7% | +24.4% | +3925.8% |
| Jul 1999 | Aug 1999 | 7 | 15.3% | -18.7% | +3674.2% |
| Sep 1999 | Oct 2001 | 109 | 51.3% | -27.7% | +3754.5% |
| Jun 2002 | Sep 2004 | 116 | 34.6% | -15.8% | +4617.7% |
| May 2005 | May 2005 | 2 | 5.7% | +245.2% | +4822.8% |
| Mar 2008 | Mar 2008 | 2 | 10.5% | -65.3% | +1470.4% |
| May 2008 | May 2011 | 156 | 76.8% | -49.3% | +1411.7% |
| Mar 2015 | Apr 2015 | 3 | 6.6% | -38.6% | +934.3% |
| Jun 2015 | Nov 2016 | 76 | 47.3% | -20.6% | +879.1% |
| Feb 2017 | May 2019 | 116 | 57.2% | -59.0% | +799.8% |
| Aug 2019 | Aug 2020 | 52 | 51.7% | +5.7% | +1177.9% |
| Sep 2020 | Oct 2020 | 2 | 7.4% | -2.7% | +1278.2% |
| Oct 2020 | Nov 2020 | 4 | 20.6% | -2.8% | +1289.8% |
| Dec 2020 | Jan 2021 | 5 | 6.7% | -15.8% | +1264.8% |
| Jan 2021 | Feb 2021 | 2 | 4.6% | -9.2% | +1319.9% |
| Jul 2021 | Aug 2021 | 5 | 4.4% | -10.8% | +1315.8% |
| Sep 2021 | Sep 2021 | 3 | 4.6% | +42.4% | +1330.2% |
| Oct 2021 | Jul 2022 | 40 | 40.5% | +37.5% | +1291.8% |
| Average | 37 | — | +12.3% | — |
Frequently Asked Questions
Is CECO below its 200-week moving average?
No. CECO Environmental Corp. (CECO) is currently 230.0% above its 200-week moving average of $29.82. It would need to fall to $29.82 to cross below the line.
What is CECO's 200-week moving average price?
CECO Environmental Corp.'s 200-week moving average is $29.82 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when CECO drops below its 200-week moving average?
CECO has crossed below its 200-week moving average 31 times in our data. On average, buying at that moment produced a one-year return of +12.3%. These dips have historically been decent entry points. These episodes lasted 37 weeks on average.
Is CECO a good value right now?
Here's what our data says about CECO as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 86 (overbought). Free cash flow yield is 0.3%. Return on equity is 5.4%. Price-to-book is 11.3x. This is not a buy or sell recommendation — always do your own research.
How does CECO compare to the S&P 500?
Over the past 33.5 years, $100 invested in CECO would have grown to $4418, compared to $3097 for the S&P 500. That's 12.0% annualized vs 10.8% for the index. CECO has outperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19