CABOT CORP (CBT) Stock Technical Analysis
NYSE:CBT - New York Stock Exchange, Inc. - US1270551013 - Common Stock - Currency: USD
Taking everything into account, CBT scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
81% of all other stocks performed better in the past year than CBT.
CBT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CBT is lagging the market.
In the last month CBT has a been trading in the 71.64 - 81.13 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 47% of 85 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.
More info and screens
71.75
85.19
When analyzing the support we can see 2 important areas.
- Support @73.97 from a horizontal line in the weekly time frame.
- Support @72.47 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 75.23 to 76.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 78.64 to 79.74. 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 | DOWN | NEGATIVE | The short term trend for CBT is down. |
| ChartMill Relative Strength | 19.78 | NEGATIVE | CBT has a low relative strength, it was outperformed by 80.22% 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) | 40.9 | NEUTRAL | The RSI value for CBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CBT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.49 | NEUTRAL | The Stochastics value for CBT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for CBT suggests some volalility. |
| Average Directional Index/ADX (14) | 12.79 | 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)
74.05
+0.68 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.93%
1 Week-1.78%
2 Weeks-0.35%
1 Month-6.87%
3 Month-12.34%
6 Month-32.9%
12 Month-27.49%
2 Year8.13%
3 Year-2.06%
5 Year107.31%
10 Year78.56%
15 Year164.37%
Volatility
ATR(14)2.21
ATR(20)%2.83%
ATR Inc-17.28%
Range Today1.56
ADR(20)1.86
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.78
Mansfield-2.34
10 Day High79.07
10 Day Low72.77
20 Day High81.13
20 Day Low71.64
52 Week High117.46
52 Week Low71.64
CS1 End73.97
CR1 Start75.23
Volume & EV
DER(3)-5.73%
DER(5)-5.82%
Volume399.60K
Volume Incr-19.52%
Vol(5)415.66K
Vol(50)466.95K