CABOT CORP (CBT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CBT - US1270551013 - Common Stock
Taking everything into account, CBT scores 1 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.
CBT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 67.49. Right above this resistance zone may be a good entry point.
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58.12
When analyzing the support we notice one important area.
- Support @58.71 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 67.49 to 68.70. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for CBT is neutral. |
| ChartMill Relative Strength | 18.33 | NEGATIVE | CBT has a low relative strength, it was outperformed by 81.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CBT is above 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) | 55.87 | NEUTRAL | The RSI value for CBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CBT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.32 | NEUTRAL | The Stochastics value for CBT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for CBT suggests some volalility. |
| Average Directional Index/ADX (14) | 14.19 | NEGATIVE | The low ADX value for CBT suggests a weak or negative trend. |
67.05
+0.77 (+1.16%)
CABOT CORP / CBT 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 55.8746. 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 neutral.
Can you provide the support and resistance levels for CABOT CORP?
CABOT CORP (CBT) has a support level at 58.71 and a resistance level at 67.49. Check the full technical report for our detailed analysis of CBT support and resistance levels.