China Biologic Produ (CBPO) Technical Analysis
NASDAQ:CBPO
Current stock price
CBPO Technical Rating and Analysis
Overall CBPO gets a technical rating of 5 out of 10. Although CBPO is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 78% of all other stocks performed better in the past year than CBPO.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- CBPO is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CBPO is leading the market.
- In the last month CBPO has a been trading in a tight range between 117.06 and 120.05.
CBPO Weekly and Daily overview Charts
CBPO Setup Rating and Analysis
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.
More info and screens
CBPO Support and Resistance Analysis
111.28
We found 3 important support 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.
When analyzing the resistance we notice one important 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.
CBPO Technical Indicator Signal Analysis
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. |
CBPO Chart- and CandleStick Pattern Analysis
CBPO Technicals: Chart, Performance Metrics, Trend & Indicators
119.99
+1.98 (+1.68%)
China Biologic Produ / CBPO TA 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.