CABOT CORP (CBT) Stock Technical Analysis
USA - NYSE:CBT - US1270551013 - Common Stock
76.26 USD
-1.25 (-1.61%)
76.26 USD
0 (0%)
Taking everything into account, CBT scores 0 out of 10 in our technical rating. CBT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CBT is a bad performer in the overall market: 88% of all stocks are doing better.
CBT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CBT has a been trading in the 75.58 - 82.80 range, which is quite wide. It is currently trading near the lows of this range.
CBT is an average performer in the Chemicals industry, it outperforms 40% of 83 stocks in the same industry.
Although the technical rating is bad, CBT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 72.55, a Stop Loss order could be placed below this zone.
More info and screens
71.28
85.19
When analyzing the support we notice one important area.
- A support zone ranging from 72.00 to 72.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 78.16 to 79.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 81.65 to 82.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @84.35 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for CBT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBT is down. |
| ChartMill Relative Strength | 12.38 | NEGATIVE | CBT has a low relative strength, it was outperformed by 87.62% 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) | DOWN | NEGATIVE | The current price of CBT is below a declining 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) | 39.99 | NEUTRAL | The RSI value for CBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.58 | NEGATIVE | The MACD value suggests CBT has a negative trend. |
| Stochastics (14,3) | 15.58 | OVERSOLD | The low Stochastics value suggests CBT may be oversold. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for CBT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.01 | NEGATIVE | The low ADX value for CBT suggests a weak or negative trend. |
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)
76.26
-1.25 (-1.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-1.61%
1 Week-3.38%
2 Weeks-5.97%
1 Month-8.05%
3 Month-0.25%
6 Month-7.31%
12 Month-31.19%
2 Year10.09%
3 Year19.36%
5 Year111.66%
10 Year141.64%
15 Year134.14%
Volatility
ATR(14)1.99
ATR(20)%2.42%
ATR Inc-9.62%
Range Today1.53
ADR(20)1.78
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.38
Mansfield-2.17
10 Day High81.72
10 Day Low75.58
20 Day High82.8
20 Day Low75.58
52 Week High117.46
52 Week Low70.41
CS1 End72.55
CR1 Start78.16
Volume & EV
DER(3)-0.45%
DER(5)-0.39%
Volume242.70K
Volume Incr34.4%
Vol(5)403.17K
Vol(50)368.85K