CBAK ENERGY TECHNOLOGY INC (CBAT) Technical Analysis
NASDAQ:CBAT • US14986C1027
Overall CBAT gets a technical rating of 7 out of 10. CBAT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The long and short term trends are both positive. This is looking good!
- CBAT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Looking at the yearly performance, CBAT did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- CBAT is part of the Electrical Equipment industry. There are 91 other stocks in this industry, CBAT did better than 61% of them.
- CBAT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CBAT is lagging the market slightly.
CBAT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CBAT in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
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When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.90 to 0.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.81 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.00 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.13 from a trend line in the daily time frame.
- A resistance zone ranging from 1.22 to 1.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for CBAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBAT is up. |
| ChartMill Relative Strength | 79.15 | POSITIVE | CBAT has a high relative strength, it outperformed 79.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CBAT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.22 | NEUTRAL | The RSI value for CBAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CBAT has a negative trend. |
| Stochastics (14,3) | 59.07 | NEUTRAL | The Stochastics value for CBAT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.92 | HIGH VOLATILITY | The high ATR as a percentage value for CBAT suggests high volalility. |
| Average Directional Index/ADX (14) | 30.42 | POSITIVE | The high ADX value value for CBAT suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.06 | 0.99 | 0.07 (6.60%) | 15.14% |
| An entry @1.06. This is a Buy Stop order right above the resistance zone. | An exit @0.99. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.07 points, which is 6.60%. | When investing 15.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CBAT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CBAT Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:CBAT (3/13/2026, 12:58:49 PM)
1
-0.01 (-0.99%)
CBAK ENERGY TECHNOLOGY INC / CBAT FAQ
What is the technical rating for CBAT stock?
ChartMill assigns a technical rating of 7 / 10 to CBAT.
What is the current trend direction of CBAK ENERGY TECHNOLOGY INC (CBAT) stock?
The current trend direction for CBAK ENERGY TECHNOLOGY INC (CBAT) is Bullish.
What is the RSI signal for CBAK ENERGY TECHNOLOGY INC (CBAT) stock?
CBAK ENERGY TECHNOLOGY INC (CBAT) has an RSI value of 59.2213. This indicates that the stock is currently neutral.
What is the short term momentum for CBAT stock?
The short term momentum for CBAK ENERGY TECHNOLOGY INC (CBAT) is positive.
What is the support and resistance level for CBAT stock?
CBAK ENERGY TECHNOLOGY INC (CBAT) has a support level at 1 and a resistance level at 1.01. Check the full technical report for our detailed analysis of CBAT support and resistance levels.