CABOT CORP (CBT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CBT - US1270551013 - Common Stock
We assign a technical rating of 0 out of 10 to CBT. 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.
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
58.11
We found 2 important support areas.
- A support zone ranging from 61.38 to 61.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @58.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 62.58 to 64.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @72.00 from a trend line in the weekly time frame.
- Resistance @80.82 from a trend line in the daily time frame.
- 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 | 9.38 | NEGATIVE | CBT has a low relative strength, it was outperformed by 90.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CBT is above 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) | 44.62 | NEUTRAL | The RSI value for CBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.72 | POSITIVE | The MACD value suggests CBT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.15 | OVERBOUGHT | The high Stochastics value suggests CBT may be overbought. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for CBT suggests some volalility. |
| Average Directional Index/ADX (14) | 36.1 | POSITIVE | The high ADX value value for CBT suggests a strong trend. |
62.57
-1.23 (-1.93%)
CABOT CORP / CBT FAQ
What is the ChartMill technical rating of CABOT CORP (CBT) stock?
ChartMill assigns a technical rating of 0 / 10 to CBT.
Can you provide the trend direction for CABOT CORP?
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 44.6152. This indicates that the stock is currently neutral.
What is the MACD signal for CBT stock?
The MACD indicator for CABOT CORP (CBT) has a value of 0.721751, indicating a bearish trend.
What is the buy/sell signal for CBT stock?
The buy/sell signal for CABOT CORP (CBT) is sell as both the short term and long term trends are negative.