MORGAN STANLEY CHINA A SHARE (CAF) Stock Technical Analysis
NYSE:CAF - New York Stock Exchange, Inc. - US6174681030 - Currency: USD
We assign a technical rating of 6 out of 10 to CAF. In the last year, CAF was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, CAF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 12.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.87, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.16
We found 1 important support area.
- A support zone ranging from 12.28 to 12.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Strong resistance @12.96 from a horizontal line in the daily time frame.
- Resistance @14.76 from a horizontal line in the weekly time frame.
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.97 | 12.53 | 0.44 (3.40%) | 25.00% |
| An entry @12.97. This is a Buy Stop order right above the resistance zone. | An exit @12.53. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.44 points, which is 3.40%. | For a 0.85% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NYSE:CAF (3/7/2025, 8:09:19 PM)
12.89
-0.05 (-0.42%)