China Botanic Pharmaceutical Inc. (CBP) Stock Technical Analysis
NYSEARCA:CBP -
0.55
-0.01 (-1.79%)
We assign a technical rating of 5 out of 10 to CBP. In the past year, CBP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, CBP is a bad performer in the overall market: 85% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CBP has a been trading in the 0.42 - 0.58 range, which is quite wide. It is currently trading near the high of this range.
CBP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CBP is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CBP has an average technical rating and it also does not offer a high 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
0.46
0.58
We found 3 important support areas.
- Support @0.52 from a trend line in the daily time frame.
- A support zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.46 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 CBP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBP is up. |
| ChartMill Relative Strength | 15.4 | NEGATIVE | CBP has a low relative strength, it was outperformed by 84.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CBP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.98 | NEUTRAL | The RSI value for CBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CBP has a positive trend. |
| Average True Range in percent/ATR (20) | 7.45 | HIGH VOLATILITY | The high ATR as a percentage value for CBP suggests high volalility. |
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)
China Botanic Pharmaceutical Inc.
NYSEARCA:CBP (1/30/2013, 4:02:09 PM)
0.55
-0.01 (-1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.79%
1 Week10%
2 Weeks14.58%
1 Month17.02%
3 Month5.77%
6 Month-21.43%
12 Month-38.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%7.45%
ATR Inc40%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.4
Mansfield-1.72
10 Day High0.58
10 Day Low0.45
20 Day High0.58
20 Day Low0.42
52 Week High0.99
52 Week Low0.34
CS1 End0.52
CR1 Start0.57
Volume & EV
DER(3)5.46%
DER(5)5.48%
Volume148.60K
Volume Incr30.43%
Vol(5)124.66K
Vol(50)105.58K