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Stock Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

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
1.44 1.44 1.31 1.32 -0.12
Entry Signal

MarketClub’s Trade Triangles for CBAT

long term up The long-term trend has been UP since Aug 11th, 2022 at 1.40

intermediate term up The intermediate-term trend has been UP since Aug 8th, 2022 at 1.28

short term down The short-term trend has been DOWN since Aug 18th, 2022 at 1.40

Smart Scan Analysis for CBAT

Based on our trend formula, CBAT is rated as a +75 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
1.44 1.44 1.31 1.32 -0.12
Prev. Close Volume Bid Ask Time
1.44 618242 2022-08-19 15:59:43
52wk High3.5752wk High Date2021-11-08
52wk Low0.920852wk Low Date2022-05-12
Average Volume479,250Shares Outstanding88,991
Market Cap28MAssets278,795,221M
Liabilities144,633,246MP/E Ratio4
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