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Stock Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

CBAK Energy Technology, Inc. (NASDAQ:CBAT)

Countertrend Down (-85) - CBAT 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 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
1.07 1.10 1.04 1.05 -0.04
Entry Signal

MarketClub’s Trade Triangles for CBAT

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 4.29

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2021 at 2.04

short term up The short-term trend has been UP since Jan 26th, 2022 at 1.21

Smart Scan Analysis for CBAT

Based on our trend formula, CBAT is rated as a -85 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
1.07 1.10 1.04 1.05 -0.04
Prev. Close Volume Bid Ask Time
1.09 210995 2022-01-28 10:14:53
52wk High9.5952wk High Date2021-02-19
52wk Low0.992652wk Low Date2022-01-24
Average Volume1,142,383Shares Outstanding88,705
Market Cap28MAssets190,706,052M
Liabilities68,534,003MP/E Ratio1.9464
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