CHINA AUTOMOTIVE SYSTEMS INC (CAAS) Stock Technical Analysis
NASDAQ:CAAS - Nasdaq - US16936R1059 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to CAAS. In the past year, CAAS was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CAAS is one of the better performing stocks in the Automobile Components industry, it outperforms 85% of 81 stocks in the same industry.
In the last month CAAS has a been trading in the 3.57 - 4.24 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, CAAS did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CAAS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
CAAS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.96, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CAAS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.48
4.78
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.85 to 3.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.52 to 3.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.10 to 4.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.70 to 4.73. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.96
Mansfield0.16
10 Day High4.24
10 Day Low3.78
20 Day High4.24
20 Day Low3.57
52 Week High5.37
52 Week Low3.34
Performance
1 Week4.07%
2 Weeks7.35%
1 Month14.57%
3 Month-0.24%
6 Month-12.61%
12 Month16.19%
2 Year-11.47%
3 Year54.92%
5 Year110.83%
10 Year-46.95%
15 Year-77.44%
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)0.06
RSI(14)54.18
LBB3.71
UBB4.14
4.09
-0.06 (-1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-1.45%
1 Week4.07%
2 Weeks7.35%
1 Month14.57%
3 Month-0.24%
6 Month-12.61%
12 Month16.19%
2 Year-11.47%
3 Year54.92%
5 Year110.83%
10 Year-46.95%
15 Year-77.44%
Volatility
ATR(14)0.17
ATR(20)%3.94%
ATR Inc19.75%
Range Today0.17
ADR(20)0.16
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.96
Mansfield0.16
10 Day High4.24
10 Day Low3.78
20 Day High4.24
20 Day Low3.57
52 Week High5.37
52 Week Low3.34
CS1 End3.96
CR1 Start4.1
Volume & EV
DER(3)4.69%
DER(5)4.91%
Volume37.25K
Volume Incr-21.19%
Vol(5)31.84K
Vol(50)49.22K