Taking everything into account, CBPO scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CBPO is a bad performer.
CBPO 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.
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111.28
When analyzing the support we can see 3 important areas.
- A support zone ranging from 116.81 to 119.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @114.96 from a horizontal line in the daily time frame.
- Support @112.40 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 120.00 to 120.00. 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 CBPO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CBPO is neutral. |
| ChartMill Relative Strength | 22.79 | NEGATIVE | CBPO has a low relative strength, it was outperformed by 77.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBPO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBPO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBPO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.91 | OVERBOUGHT | The high RSI value suggests CBPO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests CBPO has a positive trend. |
| Stochastics (14,3) | 65.02 | NEUTRAL | The Stochastics value for CBPO is a neutral value. |
| Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for CBPO suggests low volalility. |
119.99
+1.98 (+1.68%)
China Biologic Produ / CBPO FAQ
Can you provide the ChartMill technical rating for China Biologic Produ?
ChartMill assigns a technical rating of 5 / 10 to CBPO.
Can you provide the trend direction for China Biologic Produ?
The current trend direction for China Biologic Produ (CBPO) is Bullish.
What is the RSI signal for CBPO stock?
China Biologic Produ (CBPO) has an RSI value of 70.9081. This indicates that the stock is currently overbought.
What is the MACD signal for China Biologic Produ (CBPO) stock?
The MACD indicator for China Biologic Produ (CBPO) has a value of 0.120078, indicating a bearish trend.