CHIJET MOTOR CO INC (CJET) Stock Technical Analysis
NASDAQ:CJET - Nasdaq - KYG4465R1112 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to CJET. CJET scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
87% of all other stocks performed better in the past year than CJET.
CJET is part of the Automobiles industry. There are 37 other stocks in this industry, of which 61% are performing better than CJET.
CJET 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 CJET is lagging the market.
In the last month CJET has a been trading in the 1.51 - 2.44 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
CJET has a poor technical rating and the quality of the setup is also only medium 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
1.53
2.11
We found 3 important support areas.
- A support zone ranging from 1.67 to 1.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.59 from a trend line in the daily time frame.
- Support @1.55 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.79 to 1.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.94 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.98 to 1.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.09 from a trend 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 CJET is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CJET is neutral. |
| ChartMill Relative Strength | 13.88 | NEGATIVE | CJET has a low relative strength, it was outperformed by 86.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CJET is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CJET is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CJET is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.64 | NEUTRAL | The RSI value for CJET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CJET has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.84 | NEUTRAL | The Stochastics value for CJET is a neutral value. |
| Average True Range in percent/ATR (20) | 10.23 | HIGH VOLATILITY | The high ATR as a percentage value for CJET suggests high volalility. |
| Average Directional Index/ADX (14) | 15.12 | NEGATIVE | The low ADX value for CJET 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)
NASDAQ:CJET (6/6/2025, 8:00:00 PM)
1.78
-0.01 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-0.56%
1 Week5.95%
2 Weeks1.14%
1 Month-7.36%
3 Month40.16%
6 Month-12.97%
12 Month-84.71%
2 Year-97.79%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%10.23%
ATR Inc32.36%
Range Today0.18
ADR(20)0.17
ADR(20)%9.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.88
Mansfield-4.18
10 Day High1.85
10 Day Low1.51
20 Day High2.44
20 Day Low1.51
52 Week High15.78
52 Week Low1.09
CS1 End1.68
CR1 Start1.79
Volume & EV
DER(3)4.04%
DER(5)-4.56%
Volume1.00K
Volume Incr-96.57%
Vol(5)1.86K
Vol(50)97.86K