CHIJET MOTOR CO INC (CJET) Stock Technical Analysis
NASDAQ:CJET - Nasdaq - KYG4465R1112 - Common Stock - Currency: USD
Taking everything into account, CJET scores 7 out of 10 in our technical rating. CJET has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: CJET has an average volume of 7752 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.
When compared to the yearly performance of all other stocks, CJET outperforms 61% of them, which is more or less in line with the market.
CJET is an average performer in the Automobiles industry, it outperforms 69% of 37 stocks in the same industry.
CJET 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 CJET is lagging the market slightly.
In the last month CJET has a been trading in the 1.86 - 2.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CJET has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for CJET in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.49
2.66
We found 3 important support areas.
- Support @2.33 from a horizontal line in the daily time frame.
- Support @1.61 from a trend line in the daily time frame.
- Support @1.50 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @2.63 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 | 61.8 | NEUTRAL | CJET is not amongst the best or worst performers 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) | 57.84 | 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. |
| Stochastics (14,3) | 63.64 | NEUTRAL | The Stochastics value for CJET is a neutral value. |
| Average True Range in percent/ATR (20) | 12.57 | HIGH VOLATILITY | The high ATR as a percentage value for CJET suggests high volalility. |
| Average Directional Index/ADX (14) | 21.24 | NEUTRAL | The ADX value for CJET suggests a possible start of a new 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 |
|---|---|---|---|
| 2.64 | 2.32 | 0.32 (12.12%) | 8.25% |
| An entry @2.64. This is a Buy Stop order right above the resistance zone. | An exit @2.32. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.32 points, which is 12.12%. | For a 1.00% total portfolio risk, you can invest 8.25% of your capital in this trade. |
- 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 (8/1/2025, 8:00:00 PM)
2.6
-0.02 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-0.76%
1 Week-0.76%
2 Weeks-0.38%
1 Month20.37%
3 Month31.98%
6 Month49.43%
12 Month-16.93%
2 Year-94.75%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%12.57%
ATR Inc-43.87%
Range Today0.3
ADR(20)0.3
ADR(20)%11.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.8
Mansfield1.6
10 Day High2.85
10 Day Low2.2
20 Day High2.86
20 Day Low1.86
52 Week High4.41
52 Week Low1.09
CS1 End2.33
CR1 Start2.63
Volume & EV
DER(3)6.7%
DER(5)3.22%
Volume7.10K
Volume Incr-50.83%
Vol(5)5.18K
Vol(50)7.75K