CBAK ENERGY TECHNOLOGY INC (CBAT)
US14986C1027 - Common Stock
We assign a technical rating of 2 out of 10 to CBAT. CBAT 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
CBAT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CBAT has a been trading in the 0.97 - 1.20 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.
When compared to the yearly performance of all other stocks, CBAT outperforms 51% of them, which is more or less in line with the market.
CBAT is an average performer in the Electrical Equipment industry, it outperforms 61% of 91 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
0.93
1.16
When analyzing the support we can see 3 important areas.
- Support @0.98 from a trend line in the weekly time frame.
- Support @0.96 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.06 to 1.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.15 to 1.15. 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
CRS51.03
Mansfield-2.04
10 Day High1.15
10 Day Low0.97
20 Day High1.2
20 Day Low0.97
52 Week High2.08
52 Week Low0.79
Performance
1 Week-8.14%
2 Weeks-10.57%
1 Month-11.74%
3 Month-6.88%
6 Month-20.08%
12 Month25.15%
2 Year-13.25%
3 Year-49.75%
5 Year26.1%
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)41.59
LBB1.02
UBB1.14
CBAK ENERGY TECHNOLOGY INC
NASDAQ:CBAT (11/11/2024, 8:25:24 PM)
Premarket: 1.06 +0.05 (+4.43%)1.015
-0.06 (-5.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-5.14%
1 Week-8.14%
2 Weeks-10.57%
1 Month-11.74%
3 Month-6.88%
6 Month-20.08%
12 Month25.15%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%6.03%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.15
10 Day Low0.97
20 Day High1.2
20 Day Low0.97
52 Week High2.08
52 Week Low0.79
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume495.30K
Volume Incr-3.52%
Vol(5)264.40K
Vol(50)246.82K