CABOT CORP (CBT)

US1270551013 - Common Stock

92.01  +1.32 (+1.46%)

After market: 92.01 0 (0%)

Technical Rating and Analysis

8

Taking everything into account, CBT scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CBT is showing a nice and steady performance.

In the last month CBT has a been trading in the 89.26 - 98.34 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
CBT is part of the Chemicals industry. There are 84 other stocks in this industry. CBT outperforms 87% of them.
CBT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CBT is performing more or less in line with the market.
Looking at the yearly performance, CBT did better than 87% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Weekly and Daily overview Charts
CBT Weekly chart
CBT Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, CBT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 92.00, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

62.00

94.75

We found 7 important support areas.

  • A support zone ranging from 90.69 to 92.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @77.96 from a trend line in the weekly time frame.
  • Support @75.39 from a trend line in the daily time frame.
  • Support @71.00 from a horizontal line in the daily time frame.
  • Support @68.08 from a trend line in the weekly time frame.
  • Support @63.92 from a horizontal line in the weekly time frame.
  • Support @62.63 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 92.80 to 93.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.5
Mansfield1.31
10 Day High98.34
10 Day Low90.43
20 Day High98.34
20 Day Low89.26
52 Week High98.34
52 Week Low63.73
Performance
1 Week-1.35%
2 Weeks-1.16%
1 Month1.84%
3 Month23.04%
6 Month35.23%
12 Month24.51%
2 Year39.73%
3 Year67.66%
5 Year102.76%
10 Year59.19%
15 Year530.21%
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)
Technical Indicators
MACD(12,26,9)-0.69
RSI(14)52.63
LBB89.68
UBB97.44
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
93.8290.683.14 (3.35%)25.00%
An entry @93.82. This is a Buy Stop order right above the resistance zone.An exit @90.68. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 3.14 points, which is 3.35%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%.

  • The distance between exit and entry is rather small compared to the average daily movement of CBT. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CBT Daily chart

CABOT CORP

NYSE:CBT (4/19/2024, 7:04:00 PM)

After market: 92.01 0 (0%)

92.01

+1.32 (+1.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.46%
1 Week-1.35%
2 Weeks-1.16%
1 Month1.84%
3 Month23.04%
6 Month35.23%
12 Month24.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.19
ATR(20)%2.14%
ATR Inc
Range Today1.67
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High98.34
10 Day Low90.43
20 Day High98.34
20 Day Low89.26
52 Week High98.34
52 Week Low63.73
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume277.40K
Volume Incr-12.92%
Vol(5)273.18K
Vol(50)315.56K