CBL INTERNATIONAL LTD (BANL) Stock Technical Analysis
NASDAQ:BANL - KYG1991X1097 - Common Stock
0.6577 USD
+0 (+0.44%)
0.6578 USD
+0 (+0.02%)
We assign a technical rating of 0 out of 10 to BANL. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
91% 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. 85% of 208 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 0.62 - 0.75 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
BANL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.66. Right above this resistance zone may be a good entry point.
More info and screens
0.65
0.98
We can see 4 important resistance areas.
- A resistance zone ranging from 0.66 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.71 to 0.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.88 to 0.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.97 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for BANL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BANL is down. |
| ChartMill Relative Strength | 9.45 | NEGATIVE | BANL has a low relative strength, it was outperformed by 90.55% 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) | DOWN | NEGATIVE | The current price of BANL is below a declining 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) | 41.25 | 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) | 30.54 | NEUTRAL | The Stochastics value for BANL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.79 | HIGH VOLATILITY | The high ATR as a percentage value for BANL suggests high volalility. |
| Average Directional Index/ADX (14) | 29.37 | POSITIVE | The high ADX value value for BANL suggests a strong trend. |
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)
0.6577
+0 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.44%
1 Week-5.77%
2 Weeks-1.11%
1 Month-3.86%
3 Month-25.39%
6 Month-40.21%
12 Month-18.8%
2 Year-58.37%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%6.79%
ATR Inc-47.21%
Range Today0.03
ADR(20)0.04
ADR(20)%6.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.45
Mansfield-3.61
10 Day High0.7
10 Day Low0.63
20 Day High0.75
20 Day Low0.62
52 Week High1.35
52 Week Low0.55
CS1 EndN/A
CR1 Start0.66
Volume & EV
DER(3)-20.89%
DER(5)-25.05%
Volume6.40K
Volume Incr-68.23%
Vol(5)31.66K
Vol(50)200.59K