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Stock Trend Analysis Report

Prepared for you on Monday, May 20, 2024.

China Automotive Systems, Inc. (NASDAQ:CAAS)

Countertrend Down (-85) - CAAS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

NASDAQ_CAAS
Open High Low CAAS Price Change
3.52 3.55 3.49 3.50 -0.04
Entry Signal

MarketClub’s Trade Triangles for CAAS

long term down The long-term trend has been DOWN since Aug 22nd, 2023 at 4.26

intermediate term down The intermediate-term trend has been DOWN since May 9th, 2024 at 3.42

short term up The short-term trend has been UP since May 14th, 2024 at 3.57

Smart Scan Analysis for CAAS

Based on our trend formula, CAAS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CAAS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.52 3.55 3.49 3.50 -0.04
Prev. Close Volume Bid Ask Time
3.55 32397 2024-05-17 15:36:50
Year High5.231Year High Date2018-01-08
Year Low2Year Low Date2018-11-13
52wk High5.7352wk High Date2023-07-10
52wk Low3.0452wk Low Date2023-11-16
Year End Close4.776Average Volume35,720
Shares Outstanding30,186Short Interest305,510
% Institutional3.3Market Cap72M
Assets766,440,000MLiabilities421,976,000M
P/E Ratio2.832Beta2.13
Volatility82.97
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