CBL INTERNATIONAL LTD (BANL)

KYG1991X1097 - Common Stock

1.1495  +0.06 (+5.46%)

Technical Rating and Analysis

6

Overall BANL gets a technical rating of 6 out of 10. In the last year, BANL was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, BANL is a bad performer in the overall market: 74% of all stocks are doing better.
BANL is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 63% are performing better than BANL.
Warning: BANL has an average volume of 10719 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BANL has a been trading in the 0.77 - 1.17 range, which is quite wide. It is currently trading near the high of this range.
BANL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BANL is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
BANL Weekly chart
BANL Daily chart
Setup Rating and Analysis

6

BANL has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.89

1.28

We found 4 important support areas.

  • A support zone ranging from 1.09 to 1.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 0.98 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @0.92 from a trend line in the weekly time frame.
  • Support @0.90 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @1.19 from a trend line in the weekly time frame.
  • Resistance @1.27 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.15
Mansfield0.29
10 Day High1.17
10 Day Low0.94
20 Day High1.17
20 Day Low0.77
52 Week High1.54
52 Week Low0.55
Performance
1 Week7.91%
2 Weeks4.8%
1 Month27.44%
3 Month13.21%
6 Month-0.01%
12 Month-29.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)61.29
LBB0.95
UBB1.1
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
1.110.970.14 (12.61%)7.93%
An entry @1.11. This is a Buy Stop order right above the resistance zone.An exit @0.97. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.14 points, which is 12.61%.For a 1.00% total portfolio risk, you can invest 7.93% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of BANL. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BANL Daily chart

CBL INTERNATIONAL LTD

NASDAQ:BANL (1/15/2025, 3:51:54 PM)

1.1495

+0.06 (+5.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg5.46%
1 Week7.91%
2 Weeks4.8%
1 Month27.44%
3 Month13.21%
6 Month-0.01%
12 Month-29.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%8.77%
ATR Inc17.31%
Range Today0.1
ADR(20)0.09
ADR(20)%7.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.15
Mansfield0.29
10 Day High1.17
10 Day Low0.94
20 Day High1.17
20 Day Low0.77
52 Week High1.54
52 Week Low0.55
CS1 End1
CR1 Start1.09
Volume & EV
DER(3)-1.68%
DER(5)0.82%
Volume30.91K
Volume Incr9.49%
Vol(5)13.04K
Vol(50)10.72K