China Biologic Produ (CBPO) Stock Technical Analysis
USA - NASDAQ:CBPO -
We assign a technical rating of 5 out of 10 to CBPO. Although CBPO is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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
111.28
3 important support areas can be observed.
- 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.
What is the trend direction for CBPO stock?
The current trend direction for China Biologic Produ (CBPO) is Bullish.
What is the RSI signal for China Biologic Produ (CBPO) stock?
China Biologic Produ (CBPO) has an RSI value of 70.9081. This indicates that the stock is currently overbought.
What is the support and resistance level for CBPO stock?
China Biologic Produ (CBPO) has a support level at 119.04 and a resistance level at 120. Check the full technical report for our detailed analysis of CBPO support and resistance levels.