Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, June 6, 2023.

CBL International Limited - Ordinary Shares (NASDAQ:BANL)

Long-Term Downtrend (-90) - BANL is in a strong downtrend that is likely to continue. While BANL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BANL?

MarketClub looks at technical strength and momentum to determine if the timing is right for BANL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BANL
Open High Low BANL Price Change
2.700 2.820 2.560 2.770 -0.005
Entry Signal

MarketClub’s Trade Triangles for BANL

long term down The long-term trend has been DOWN since May 1st, 2023 at 4.3804

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2023 at 11.3000

short term down The short-term trend has been DOWN since Jun 6th, 2023 at 2.7000

Smart Scan Analysis for BANL

Based on our trend formula, BANL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BANL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.700 2.820 2.560 2.770 -0.005
Prev. Close Volume Bid Ask Time
2.775 109432 2023-06-06 15:59:41
52wk High21.5352wk High Date2023-04-24
52wk Low2.352wk Low Date2023-05-02
Average Volume207,490
Get a free daily analysis and signals for CBL International Limited - Ordinary Shares (BANL) - Request Your Free Report.