CHINA AUTOMOTIVE SYSTEMS INC (CAAS) Stock Technical Analysis
NASDAQ:CAAS - Nasdaq - US16936R1059 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to CAAS. CAAS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
CAAS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
CAAS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When compared to the yearly performance of all other stocks, CAAS outperforms 55% of them, which is more or less in line with the market.
CAAS is part of the Automobile Components industry. There are 81 other stocks in this industry, CAAS did better than 62% of them.
Considerably lower volume is observed in the last couple of days.
CAAS has a poor technical rating and the quality of the setup is also not perfect 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
3.11
4.80
2 important support areas can be observed.
- A support zone ranging from 3.48 to 3.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.14 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.76 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.70 to 4.75. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.22
Mansfield-0.17
10 Day High4.06
10 Day Low3.5
20 Day High5.37
20 Day Low3.5
52 Week High5.37
52 Week Low3.34
Performance
1 Week3.36%
2 Weeks-10.87%
1 Month-20.47%
3 Month-6.35%
6 Month-13.99%
12 Month1.1%
2 Year-25.15%
3 Year28.13%
5 Year105%
10 Year-49.8%
15 Year-83.41%
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)-0.04
RSI(14)40
LBB3.27
UBB4.37
NASDAQ:CAAS (4/17/2025, 8:05:21 PM)
3.69
+0.09 (+2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg2.5%
1 Week3.36%
2 Weeks-10.87%
1 Month-20.47%
3 Month-6.35%
6 Month-13.99%
12 Month1.1%
2 Year-25.15%
3 Year28.13%
5 Year105%
10 Year-49.8%
15 Year-83.41%
Volatility
ATR(14)0.24
ATR(20)%7.07%
ATR Inc-53.18%
Range Today0.08
ADR(20)0.25
ADR(20)%6.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.22
Mansfield-0.17
10 Day High4.06
10 Day Low3.5
20 Day High5.37
20 Day Low3.5
52 Week High5.37
52 Week Low3.34
CS1 End3.52
CR1 Start3.76
Volume & EV
DER(3)10.39%
DER(5)-0.52%
Volume21.30K
Volume Incr-53.8%
Vol(5)35.44K
Vol(50)56.59K