Stock Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
CBAK Energy Technology, Inc. (NASDAQ:CBAT)
Weak Downtrend (-65) - CBAT is showing signs of a strengthening downtrend. Monitor CBAT as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for CBAT
The long-term trend has been UP since Jun 8th, 2020 at 0.598
The intermediate-term trend has been DOWN since Jul 27th, 2020 at 0.791
The short-term trend has been DOWN since Aug 5th, 2020 at 0.860
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).
|52wk High||1.1971||52wk High Date||2019-12-31|
|52wk Low||0.36||52wk Low Date||2020-03-24|
|Average Volume||205,564||Shares Outstanding||53,757|