CHINA AUTOMOTIVE SYSTEMS INC (CAAS)
US16936R1059 - Common Stock
We assign a technical rating of 3 out of 10 to CAAS. CAAS'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.
81% of all other stocks performed better in the past year than CAAS.
CAAS is one of the lesser performing stocks in the Automobile Components industry. 60% of 42 stocks in the same industry do better.
CAAS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CAAS is lagging the market.
In the last month CAAS has a been trading in the 3.42 - 3.85 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CAAS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
3.02
3.89
We found 4 important support areas.
- Support @3.33 from a trend line in the daily time frame.
- A support zone ranging from 3.24 to 3.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.14 to 3.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.05 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.71 from a trend line in the daily time frame.
- A resistance zone ranging from 3.78 to 3.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.05
Mansfield-2
10 Day High3.72
10 Day Low3.42
20 Day High3.85
20 Day Low3.42
52 Week High5.73
52 Week Low3.04
Performance
1 Week-3.29%
2 Weeks-6.37%
1 Month-0.56%
3 Month-1.94%
6 Month11.71%
12 Month-28.4%
2 Year22.57%
3 Year-20.67%
5 Year29.78%
10 Year-53.06%
15 Year-26.92%
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)48.53
LBB3.41
UBB3.86
CHINA AUTOMOTIVE SYSTEMS INC
NASDAQ:CAAS (4/26/2024, 3:44:37 PM)
3.53
-0.04 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-1.12%
1 Week-3.29%
2 Weeks-6.37%
1 Month-0.56%
3 Month-1.94%
6 Month11.71%
12 Month-28.4%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.14
ATR(20)%3.79%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.72
10 Day Low3.42
20 Day High3.85
20 Day Low3.42
52 Week High5.73
52 Week Low3.04
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume11.36K
Volume Incr-54.61%
Vol(5)21.33K
Vol(50)37.00K