Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, June 1, 2023.

CBAK Energy Technology, Inc. (NASDAQ:CBAT)

Bull Market Weakness (+75) - CBAT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CBAT as it may be in the beginning stages of a reversal.

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

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

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

Open High Low CBAT Price Change
0.870 0.940 0.870 0.928 +0.048
Entry Signal

MarketClub’s Trade Triangles for CBAT

long term down The long-term trend has been DOWN since Dec 16th, 2022 at 1.1100

intermediate term up The intermediate-term trend has been UP since May 22nd, 2023 at 0.8011

short term up The short-term trend has been UP since May 22nd, 2023 at 0.7981

Smart Scan Analysis for CBAT

Based on our trend formula, CBAT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CBAT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.870 0.940 0.870 0.928 +0.048
Prev. Close Volume Bid Ask Time
0.920 173664 2023-05-31 15:59:10
52wk High1.752wk High Date2022-08-15
52wk Low0.740252wk Low Date2023-05-05
Average Volume101,867Shares Outstanding89,008
Market Cap28MAssets244,032,734M
Liabilities126,537,360MP/E Ratio8.2727
Get a free daily analysis and signals for CBAK Energy Technology, Inc. (CBAT) - Request Your Free Report.