CHIJET MOTOR CO INC (CJET) Stock Technical Analysis
NASDAQ:CJET - Nasdaq - KYG4465R1112 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to CJET. In the past year, CJET was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, CJET is a bad performer in the overall market: 90% of all stocks are doing better.
CJET is one of the lesser performing stocks in the Automobiles industry. 63% of 37 stocks in the same industry do better.
CJET is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: CJET has an average volume of 26898 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CJET has a been trading in the 1.44 - 2.20 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CJET has an average technical rating and it also does not offer a high quality setup 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
1.49
2.21
When analyzing the support we notice one important area.
- A support zone ranging from 1.50 to 1.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.19 to 2.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for CJET is up. |
| ChartMill Relative Strength | 10.56 | NEGATIVE | CJET has a low relative strength, it was outperformed by 89.44% 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) | DOWN | MIXED | The current price of CJET is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.63 | NEUTRAL | The RSI value for CJET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CJET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.69 | OVERBOUGHT | The high Stochastics value suggests CJET may be overbought. |
| Average True Range in percent/ATR (20) | 6.95 | HIGH VOLATILITY | The high ATR as a percentage value for CJET suggests high volalility. |
| Average Directional Index/ADX (14) | 20.43 | 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)
NASDAQ:CJET (6/30/2025, 8:00:00 PM)
2.02
-0.16 (-7.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-7.34%
1 Week18.24%
2 Weeks26.25%
1 Month30.32%
3 Month34.67%
6 Month-5.61%
12 Month-75.06%
2 Year-97.49%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%6.95%
ATR Inc92.92%
Range Today0.25
ADR(20)0.13
ADR(20)%6.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.56
Mansfield-1.46
10 Day High2.2
10 Day Low1.44
20 Day High2.2
20 Day Low1.44
52 Week High8.4
52 Week Low1.09
CS1 End1.5
CR1 StartN/A
Volume & EV
DER(3)-9.56%
DER(5)1.49%
Volume9.90K
Volume Incr147.89%
Vol(5)12.06K
Vol(50)26.90K