CHIJET MOTOR CO INC (CJET) Stock Technical Analysis
NASDAQ:CJET - Nasdaq - KYG4465R1112 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to CJET. In the last year, CJET was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
73% of all other stocks performed better in the past year than CJET.
CJET is one of the lesser performing stocks in the Automobiles industry. 61% of 37 stocks in the same industry do better.
Warning: CJET has an average volume of 27610 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CJET has a been trading in the 1.82 - 2.86 range, which is quite wide. It is currently trading near the high of this range.
CJET is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CJET is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, CJET does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
1.49
2.65
3 important support areas can be observed.
- Support @2.34 from a horizontal line in the daily time frame.
- Support @1.58 from a trend line in the daily time frame.
- Support @1.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.62 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CJET is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CJET is up. |
| ChartMill Relative Strength | 27.24 | NEGATIVE | CJET has a low relative strength, it was outperformed by 72.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CJET is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CJET is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CJET is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.35 | NEUTRAL | The RSI value for CJET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CJET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.86 | NEUTRAL | The Stochastics value for CJET is a neutral value. |
| Average True Range in percent/ATR (20) | 11.68 | HIGH VOLATILITY | The high ATR as a percentage value for CJET suggests high volalility. |
| Average Directional Index/ADX (14) | 25.91 | POSITIVE | The high ADX value value for CJET suggests a strong 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.63 | 2.33 | 0.30 (11.41%) | 8.77% |
| An entry @2.63. This is a Buy Stop order right above the resistance zone. | An exit @2.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.30 points, which is 11.41%. | When investing 8.77% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CJET. 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.
NASDAQ:CJET (7/23/2025, 8:12:27 PM)
2.5059
-0.14 (-5.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-5.44%
1 Week-10.02%
2 Weeks22.24%
1 Month38.45%
3 Month27.85%
6 Month53.74%
12 Month-30.58%
2 Year-96.84%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%11.68%
ATR Inc14.39%
Range Today0.27
ADR(20)0.27
ADR(20)%10.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.24
Mansfield0.88
10 Day High2.86
10 Day Low1.92
20 Day High2.86
20 Day Low1.82
52 Week High4.41
52 Week Low1.09
CS1 End2.34
CR1 Start2.62
Volume & EV
DER(3)-5.7%
DER(5)-14.59%
Volume3.80K
Volume Incr-25.61%
Vol(5)8.54K
Vol(50)27.61K