CABOT CORP (CBT) Technical Analysis
NYSE:CBT • US1270551013
Current stock price
CBT Technical Rating and Analysis
Overall CBT gets a technical rating of 1 out of 10. CBT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 74% of all other stocks performed better in the past year than CBT.
- CBT is one of the lesser performing stocks in the Chemicals industry. 68% of 83 stocks in the same industry do better.
- In the last month CBT has a been trading in the 66.93 - 77.13 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- CBT 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 CBT is lagging the market slightly.
CBT Weekly and Daily overview Charts
CBT Setup Rating and Analysis
CBT has a poor technical rating and the quality of the setup is also not perfect 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
CBT Support and Resistance Analysis
67.08
When analyzing the support we notice one important area.
- Support @67.76 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 71.42 to 73.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 75.11 to 78.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
CBT 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 | NEUTRAL | NEUTRAL | The long term trend for CBT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBT is down. |
| ChartMill Relative Strength | 26.28 | NEGATIVE | CBT has a low relative strength, it was outperformed by 73.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CBT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CBT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.58 | NEUTRAL | The RSI value for CBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.87 | NEGATIVE | The MACD value suggests CBT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.79 | OVERSOLD | The low Stochastics value suggests CBT may be oversold. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for CBT suggests some volalility. |
| Average Directional Index/ADX (14) | 26.21 | POSITIVE | The high ADX value value for CBT suggests a strong trend. |
CBT Chart- and CandleStick Pattern Analysis
CBT Technicals: Chart, Performance Metrics, Trend & Indicators
69.49
+0.6 (+0.87%)
CABOT CORP / CBT TA FAQ
What is the ChartMill technical rating of CABOT CORP (CBT) stock?
ChartMill assigns a technical rating of 1 / 10 to CBT.
What is the current trend direction of CABOT CORP (CBT) stock?
The current trend direction for CABOT CORP (CBT) is Bearish.
Can you provide the RSI signal for CABOT CORP?
CABOT CORP (CBT) has an RSI value of 38.5788. This indicates that the stock is currently neutral.
What is the short term momentum for CBT stock?
The short term momentum for CABOT CORP (CBT) is negative.
Can you provide the support and resistance levels for CABOT CORP?
CABOT CORP (CBT) has a support level at 67.76 and a resistance level at 71.42. Check the full technical report for our detailed analysis of CBT support and resistance levels.