CBL INTERNATIONAL LTD (BANL) Stock Technical Analysis
USA - NASDAQ:BANL - KYG1991X1097 - Common Stock
Overall BANL gets a technical rating of 0 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.
BANL has a poor technical rating and the quality of the setup is also only medium 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
0.42
We can see 4 important resistance areas.
- Resistance @0.69 from a trend line in the weekly time frame.
- Resistance @0.71 from a trend line in the daily time frame.
- Resistance @0.74 from a trend line in the daily time frame.
- Resistance @0.77 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 | 3.58 | NEGATIVE | BANL has a low relative strength, it was outperformed by 96.42% 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) | 15.92 | OVERSOLD | The low RSI value suggests BANL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BANL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.63 | OVERSOLD | The low Stochastics value suggests BANL may be oversold. |
| Average True Range in percent/ATR (20) | 13.34 | HIGH VOLATILITY | The high ATR as a percentage value for BANL suggests high volalility. |
| Average Directional Index/ADX (14) | 27.54 | POSITIVE | The high ADX value value for BANL suggests a strong trend. |
0.4203
-0.05 (-10.38%)
CBL INTERNATIONAL LTD / BANL FAQ
What is the ChartMill technical rating of CBL INTERNATIONAL LTD (BANL) stock?
ChartMill assigns a technical rating of 0 / 10 to BANL.
Can you provide the trend direction for CBL INTERNATIONAL LTD?
The current trend direction for CBL INTERNATIONAL LTD (BANL) is Bearish.
What is the RSI signal for BANL stock?
CBL INTERNATIONAL LTD (BANL) has an RSI value of 15.915. This indicates that the stock is currently oversold.
What is the MACD signal for BANL stock?
The MACD indicator for CBL INTERNATIONAL LTD (BANL) has a value of -0.0117677, indicating a bearish trend.
What is the support and resistance level for BANL stock?
CBL INTERNATIONAL LTD (BANL) has a resistance level at 0.69. Check the full technical report for our detailed analysis of BANL support and resistance levels.