We assign a technical rating of 5 out of 10 to CAAS. In the past year, CAAS was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, CAAS does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 4.43, a Stop Loss order could be placed below this zone.
3.48
4 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
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 CAAS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CAAS is neutral. |
| ChartMill Relative Strength | 64.03 | NEUTRAL | CAAS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CAAS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CAAS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CAAS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.13 | NEUTRAL | The RSI value for CAAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CAAS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.09 | NEUTRAL | The Stochastics value for CAAS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for CAAS suggests some volalility. |
| Average Directional Index/ADX (14) | 30.36 | POSITIVE | The high ADX value value for CAAS suggests a strong trend. |
NASDAQ:CAAS (2/5/2026, 3:40:58 PM)
4.36
-0.12 (-2.68%)
ChartMill assigns a technical rating of 5 / 10 to CAAS.
The current trend direction for CHINA AUTOMOTIVE SYSTEMS INC (CAAS) is Bearish.
CHINA AUTOMOTIVE SYSTEMS INC (CAAS) has an RSI value of 49.1265. This indicates that the stock is currently neutral.
The MACD indicator for CHINA AUTOMOTIVE SYSTEMS INC (CAAS) has a value of -0.0320244, indicating a bearish trend.
CHINA AUTOMOTIVE SYSTEMS INC (CAAS) has a support level at 4.43 and a resistance level at 4.67. Check the full technical report for our detailed analysis of CAAS support and resistance levels.