Stock Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
CBAK Energy Technology, Inc. (NASDAQ:CBAT)
Strong Downtrend (-100) - CBAT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Mar 5th, 2021 at 4.29
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 6.90
The short-term trend has been DOWN since Apr 29th, 2021 at 4.58
Smart Scan Analysis for CBAT
Based on our trend formula, CBAT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.4||52wk High Date||2020-11-16|
|52wk Low||0.44||52wk Low Date||2020-05-07|
|Average Volume||1,591,016||Shares Outstanding||88,106|