CBL INTERNATIONAL LTD-B (BANL) Technical Analysis
NASDAQ:BANL • KYG1991X1253
Current stock price
BANL Technical Rating and Analysis
Overall BANL gets a technical rating of 1 out of 10. BANL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 86% of all other stocks performed better in the past year than BANL.
- BANL is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 87% of 209 stocks in the same industry do better.
- BANL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month BANL has a been trading in the 0.39 - 0.98 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- BANL has an average volume of 1342140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Considerably lower volume is observed in the last couple of days.
BANL Weekly and Daily overview Charts
BANL Setup Rating and Analysis
The technical rating of BANL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
BANL Support and Resistance Analysis
0.43
We found 1 important support area.
- A support zone ranging from 0.43 to 0.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @0.86 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for BANL is down. |
| ChartMill Relative Strength | 14.59 | NEGATIVE | BANL has a low relative strength, it was outperformed by 85.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BANL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BANL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BANL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.01 | NEUTRAL | The RSI value for BANL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BANL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.26 | OVERSOLD | The low Stochastics value suggests BANL may be oversold. |
| Average True Range in percent/ATR (20) | 20.19 | HIGH VOLATILITY | The high ATR as a percentage value for BANL suggests high volalility. |
| Average Directional Index/ADX (14) | 28.17 | POSITIVE | The high ADX value value for BANL suggests a strong trend. |
BANL Chart- and CandleStick Pattern Analysis
BANL Technicals: Chart, Performance Metrics, Trend & Indicators
0.437
+0.01 (+1.84%)
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 1 / 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 CBL INTERNATIONAL LTD-B (BANL) stock?
CBL INTERNATIONAL LTD-B (BANL) has an RSI value of 35.0118. 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 -0.0487249, indicating a bearish trend.
What are the support and resistance levels for CBL INTERNATIONAL LTD-B (BANL) stock?
CBL INTERNATIONAL LTD-B (BANL) has a support level at 0.43 and a resistance level at 0.86. Check the full technical report for our detailed analysis of BANL support and resistance levels.