CBAK ENERGY TECHNOLOGY INC (CBAT) Stock Technical Analysis
NASDAQ:CBAT - Nasdaq - US14986C1027 - Common Stock - Currency: USD
Overall CBAT gets a technical rating of 0 out of 10. CBAT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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: 75% of all stocks are doing better.
CBAT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CBAT has a been trading in the 0.85 - 0.95 range, which is quite wide. It is currently trading near the lows of this range.
CBAT is an average performer in the Electrical Equipment industry, it outperforms 57% of 93 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CBAT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.75
0.98
We found 2 important support areas.
- A support zone ranging from 0.78 to 0.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.76 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.88 to 0.88. 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 0.90 to 0.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.95 to 0.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.97 to 0.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.51
Mansfield-2.69
10 Day High0.94
10 Day Low0.85
20 Day High0.95
20 Day Low0.85
52 Week High2.08
52 Week Low0.77
Performance
1 Week-4.2%
2 Weeks-2.49%
1 Month-6.52%
3 Month-3.36%
6 Month-19.63%
12 Month-11.61%
2 Year-14%
3 Year-33.33%
5 Year79.17%
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
RSI(14)40.97
LBB0.85
UBB0.93
0.86
-0.01 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1.1%
1 Week-4.2%
2 Weeks-2.49%
1 Month-6.52%
3 Month-3.36%
6 Month-19.63%
12 Month-11.61%
2 Year-14%
3 Year-33.33%
5 Year79.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.4%
ATR Inc-8.41%
Range Today0.04
ADR(20)0.04
ADR(20)%4.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.51
Mansfield-2.69
10 Day High0.94
10 Day Low0.85
20 Day High0.95
20 Day Low0.85
52 Week High2.08
52 Week Low0.77
CS1 End0.78
CR1 Start0.88
Volume & EV
DER(3)-11.71%
DER(5)-6.86%
Volume281.30K
Volume Incr2.28%
Vol(5)216.14K
Vol(50)634.32K