CBAK ENERGY TECHNOLOGY INC (CBAT)
US14986C1027 - Common Stock
Taking everything into account, CBAT scores 0 out of 10 in our technical rating. CBAT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CBAT is a bad performer in the overall market: 87% of all stocks are doing better.
CBAT is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CBAT is lagging the market.
In the last month CBAT has a been trading in the 0.78 - 1.04 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CBAT is an average performer in the Electrical Equipment industry, it outperforms 40% of 88 stocks in the same industry.
The technical rating of CBAT is bad and it also does not present a 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
0.79
0.93
We can see 3 important resistance areas.
- A resistance zone ranging from 0.84 to 0.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.89 to 0.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.92 from a trend line 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
CRS13.47
Mansfield-3.62
10 Day High0.94
10 Day Low0.78
20 Day High1.04
20 Day Low0.78
52 Week High2.08
52 Week Low0.78
Performance
1 Week-7.2%
2 Weeks-14.41%
1 Month-10.28%
3 Month-22.77%
6 Month-44.29%
12 Month-26.42%
2 Year-21.21%
3 Year-50%
5 Year-32.17%
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)32.49
LBB0.77
UBB0.97
CBAK ENERGY TECHNOLOGY INC
NASDAQ:CBAT (12/23/2024, 1:13:57 PM)
0.8
+0.02 (+2.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg2.56%
1 Week-7.2%
2 Weeks-14.41%
1 Month-10.28%
3 Month-22.77%
6 Month-44.29%
12 Month-26.42%
2 Year-21.21%
3 Year-50%
5 Year-32.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%7.16%
ATR Inc-4.47%
Range Today0.04
ADR(20)0.06
ADR(20)%6.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.47
Mansfield-3.62
10 Day High0.94
10 Day Low0.78
20 Day High1.04
20 Day Low0.78
52 Week High2.08
52 Week Low0.78
CS1 EndN/A
CR1 Start0.84
Volume & EV
DER(3)-7.14%
DER(5)-3.89%
Volume237.55K
Volume Incr17.4%
Vol(5)308.82K
Vol(50)285.52K