CHIJET MOTOR CO INC (CJET) Technical Analysis
NASDAQ:CJET • KYG4465R1112
Current stock price
CJET Technical Rating and Analysis
Taking everything into account, CJET scores 0 out of 10 in our technical rating. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than CJET.
- CJET is one of the lesser performing stocks in the Automobiles industry. 88% of 35 stocks in the same industry do better.
- 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 0.82 - 3.38 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- CJET has an average volume of 43905000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
CJET Weekly and Daily overview Charts
CJET Setup Rating and Analysis
CJET has a poor technical rating and the quality of the setup is also not perfect 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
CJET Support and Resistance Analysis
CJET Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for CJET is down. |
| ChartMill Relative Strength | 0.16 | NEGATIVE | CJET has a low relative strength, it was outperformed by 99.84% 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) | DOWN | NEGATIVE | The current price of CJET is below a declining 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) | 23.77 | OVERSOLD | The low RSI value suggests CJET may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests CJET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 0.9 | OVERSOLD | The low Stochastics value suggests CJET may be oversold. |
| Average True Range in percent/ATR (20) | 38.64 | HIGH VOLATILITY | The high ATR as a percentage value for CJET suggests high volalility. |
| Average Directional Index/ADX (14) | 12.01 | NEGATIVE | The low ADX value for CJET suggests a weak or negative trend. |
CJET Chart- and CandleStick Pattern Analysis
CJET Technicals: Chart, Performance Metrics, Trend & Indicators
0.87
+0.04 (+4.82%)
CHIJET MOTOR CO INC / CJET TA FAQ
What is the technical rating for CJET stock?
ChartMill assigns a technical rating of 0 / 10 to CJET.
Can you provide the trend direction for CHIJET MOTOR CO INC?
The current trend direction for CHIJET MOTOR CO INC (CJET) is Bearish.
What is the RSI signal for CHIJET MOTOR CO INC (CJET) stock?
CHIJET MOTOR CO INC (CJET) has an RSI value of 23.7669. This indicates that the stock is currently oversold.
What is the short term momentum for CJET stock?
The short term momentum for CHIJET MOTOR CO INC (CJET) is negative.
Can you provide the buy/sell signal for CHIJET MOTOR CO INC?
The buy/sell signal for CHIJET MOTOR CO INC (CJET) is sell as both the short term and long term trends are negative.