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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
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.
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MarketClub’s Trade Triangles for CBAT
The long-term trend has been DOWN since Apr 8th, 2024 at 0.93
The intermediate-term trend has been UP since Apr 24th, 2024 at 1.06
The short-term trend has been UP since Apr 12th, 2024 at 0.98
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.010 | 1.080 | 1.000 | 1.045 | +0.035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.050 | 160916 | 2024-04-24 15:59:33 |
| 52wk High | 1.45 | 52wk High Date | 2024-01-10 |
| 52wk Low | 0.7402 | 52wk Low Date | 2023-05-05 |
| Average Volume | 114,093 | Shares Outstanding | 89,919 |
| Market Cap | 28M | Assets | 281,155,260M |
| Liabilities | 168,330,955M | P/E Ratio | 8.2727 |