CABOT CORP (CBT) Technical Analysis
NYSE:CBT • US1270551013
Current stock price
CBT Technical Rating and Analysis
Overall CBT gets a technical rating of 5 out of 10. In the last year, CBT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month CBT has a been trading in the 66.61 - 76.60 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, CBT turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
- CBT is an average performer in the Chemicals industry, it outperforms 41% of 83 stocks in the same industry.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CBT Weekly and Daily overview Charts
CBT Setup Rating and Analysis
CBT 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
CBT Support and Resistance Analysis
67.08
We found 3 important support areas.
- A support zone ranging from 72.77 to 73.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 70.18 to 71.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 67.76 to 68.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @74.57 from a trend line in the weekly time frame.
- A resistance zone ranging from 76.66 to 77.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @82.94 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for CBT is up. |
| ChartMill Relative Strength | 52.36 | NEUTRAL | CBT is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of CBT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CBT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.8 | NEUTRAL | The RSI value for CBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests CBT has a positive trend. |
| Stochastics (14,3) | 92.76 | OVERBOUGHT | The high Stochastics value suggests CBT may be overbought. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for CBT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.85 | NEUTRAL | The ADX value for CBT suggests a possible start of a new trend. |
CBT Chart- and CandleStick Pattern Analysis
CBT Technicals: Chart, Performance Metrics, Trend & Indicators
74.11
+0.25 (+0.34%)
CABOT CORP / CBT TA FAQ
What is the ChartMill technical rating of CABOT CORP (CBT) stock?
ChartMill assigns a technical rating of 5 / 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 59.8049. 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 positive.
Can you provide the support and resistance levels for CABOT CORP?
CABOT CORP (CBT) has a support level at 73.5 and a resistance level at 74.57. Check the full technical report for our detailed analysis of CBT support and resistance levels.