CHINA AUTOMOTIVE SYSTEMS INC (CAAS) Stock Technical Analysis
NASDAQ:CAAS - Nasdaq - US16936R1059 - Common Stock - Currency: USD
Taking everything into account, CAAS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CAAS is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CAAS did better than 87% of all other stocks. We also observe that the gains produced by CAAS over the past year are nicely spread over this period.
CAAS is part of the Automobile Components industry. There are 83 other stocks in this industry. CAAS outperforms 90% of them.
CAAS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CAAS is lagging the market slightly.
In the last month CAAS has a been trading in the 3.82 - 4.59 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CAAS has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
3.40
4.91
5 important support areas can be observed.
- A support zone ranging from 4.20 to 4.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.99 to 4.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.71 from a trend line in the weekly time frame.
- Support @3.52 from a horizontal line in the weekly time frame.
- Support @3.43 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @4.71 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 4.85 to 4.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87
Mansfield0.89
10 Day High4.59
10 Day Low4
20 Day High4.59
20 Day Low3.82
52 Week High4.97
52 Week Low3.2
Performance
1 Week8.02%
2 Weeks11.7%
1 Month15.08%
3 Month5.05%
6 Month21.49%
12 Month39.25%
2 Year-37.09%
3 Year72.83%
5 Year123.42%
10 Year-34.94%
15 Year-77.32%
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)0.05
RSI(14)72.22
LBB3.91
UBB4.62
4.58
+0.12 (+2.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg2.69%
1 Week8.02%
2 Weeks11.7%
1 Month15.08%
3 Month5.05%
6 Month21.49%
12 Month39.25%
2 Year-37.09%
3 Year72.83%
5 Year123.42%
10 Year-34.94%
15 Year-77.32%
Volatility
ATR(14)0.17
ATR(20)%4.07%
ATR Inc-11.24%
Range Today0.17
ADR(20)0.18
ADR(20)%4.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87
Mansfield0.89
10 Day High4.59
10 Day Low4
20 Day High4.59
20 Day Low3.82
52 Week High4.97
52 Week Low3.2
CS1 End4.22
CR1 Start4.71
Volume & EV
DER(3)-7%
DER(5)-1.95%
Volume40.60K
Volume Incr89.61%
Vol(5)49.28K
Vol(50)33.97K