CBL INTERNATIONAL LTD-B (BANL) Technical Analysis
NASDAQ:BANL • KYG1991X1253
Current stock price
0.6756 USD
-0.01 (-2.09%)
At close:
0.65 USD
-0.03 (-3.79%)
After Hours:
BANL Technical Rating and Analysis
Overall BANL gets a technical rating of 7 out of 10. BANL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- BANL is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 78% are performing better than BANL.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month BANL has a been trading in the 0.35 - 0.82 range, which is quite wide. It is currently trading near the high of this range.
- BANL has an average volume of 1262390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, BANL turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
- BANL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BANL is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BANL Weekly and Daily overview Charts
BANL Setup Rating and Analysis
Although BANL has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
BANL Support and Resistance Analysis
0.50
0.71
We found 1 important support area.
- Support @0.51 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.69 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
BANL Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BANL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BANL is up. |
| ChartMill Relative Strength | 59.69 | NEUTRAL | BANL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BANL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BANL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BANL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.87 | NEUTRAL | The RSI value for BANL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BANL has a positive trend. |
| Stochastics (14,3) | 59.12 | NEUTRAL | The Stochastics value for BANL is a neutral value. |
| Average True Range in percent/ATR (20) | 15.7 | HIGH VOLATILITY | The high ATR as a percentage value for BANL suggests high volalility. |
| Average Directional Index/ADX (14) | 38.09 | POSITIVE | The high ADX value value for BANL suggests a strong trend. |
BANL Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BANL Technicals: Chart, Performance Metrics, Trend & Indicators
0.6756
-0.01 (-2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.09%
1 Week16.06%
2 Weeks4.74%
1 Month70.43%
3 Month48.39%
6 Month-8.69%
12 Month-41.01%
2 Year-36.26%
3 Year-92.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%15.7%
ATR Inc-62.63%
Range Today0.05
ADR(20)0.1
ADR(20)%15.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.69
3 months CRS97.21
6 months CRS35.5
Mansfield-0.23
10 Day High0.79
10 Day Low0.53
20 Day High0.82
20 Day Low0.35
52 Week High1.17
52 Week Low0.28
CS1 End0.51
CR1 Start0.69
Volume & EV
DER(3)0.67%
DER(5)-2.35%
Volume260.00K
Volume Incr-85.89%
Vol(5)411.94K
Vol(50)1.26M
CBL INTERNATIONAL LTD-B / BANL TA FAQ
What is the ChartMill technical rating of CBL INTERNATIONAL LTD-B (BANL) stock?
ChartMill assigns a technical rating of 7 / 10 to BANL.
What is the current trend direction of CBL INTERNATIONAL LTD-B (BANL) stock?
The current trend direction for CBL INTERNATIONAL LTD-B (BANL) is Bearish.
What is the RSI signal for BANL stock?
CBL INTERNATIONAL LTD-B (BANL) has an RSI value of 65.8716. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CBL INTERNATIONAL LTD-B?
The MACD indicator for CBL INTERNATIONAL LTD-B (BANL) has a value of 0.00495055, indicating a bearish trend.