CHINA NEW BORUN CORP (BORN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BORN -
Overall BORN gets a technical rating of 0 out of 10. BORN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of BORN 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
0.27
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 BORN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BORN is down. |
| ChartMill Relative Strength | 0.72 | NEGATIVE | BORN has a low relative strength, it was outperformed by 99.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BORN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BORN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BORN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 15.51 | OVERSOLD | The low RSI value suggests BORN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BORN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.03 | OVERSOLD | The low Stochastics value suggests BORN may be oversold. |
| Average True Range in percent/ATR (20) | 22.05 | HIGH VOLATILITY | The high ATR as a percentage value for BORN suggests high volalility. |
NYSE:BORN (6/18/2019, 8:33:16 PM)
0.2701
+0.02 (+6.17%)
CHINA NEW BORUN CORP / BORN FAQ
What is the technical rating for BORN stock?
ChartMill assigns a technical rating of 0 / 10 to BORN.
Can you provide the trend direction for CHINA NEW BORUN CORP?
The current trend direction for CHINA NEW BORUN CORP (BORN) is Bearish.
What is the RSI signal for CHINA NEW BORUN CORP (BORN) stock?
CHINA NEW BORUN CORP (BORN) has an RSI value of 15.5125. This indicates that the stock is currently oversold.
What is the short term momentum for BORN stock?
The short term momentum for CHINA NEW BORUN CORP (BORN) is negative.
What is the buy/sell signal for CHINA NEW BORUN CORP (BORN) stock?
The buy/sell signal for CHINA NEW BORUN CORP (BORN) is sell as both the short term and long term trends are negative.