(CAAS) China Automotive complete technical analysis [charts+indicators] | Buy/Sell China Automotive | (CAAS) share price targets
Complete technical analysis of China Automotive (CAAS) by charts plus indicators, forecast predictions and share price targets for China Automotive (CAAS)
China Automotive trades in USA in Capital Goods sector.
10 day averaged volume of China Automotive is 52413
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 3.49 | 3.68 | 3.68 | 3.48 | 0.681 times |
| 22 Wed May 2024 | 3.61 | 3.68 | 3.71 | 3.58 | 0.366 times |
| 21 Tue May 2024 | 3.63 | 3.60 | 3.70 | 3.60 | 0.456 times |
| 20 Mon May 2024 | 3.67 | 3.52 | 3.75 | 3.51 | 1.631 times |
| 17 Fri May 2024 | 3.55 | 3.52 | 3.55 | 3.49 | 0.629 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.5, but if it comes above 3.5, then a intra day buy could be more profitable.
If you take a sell trade below 3.5, then use 3.5 as stoploss and 3.4 as target. However if you take a buy trade in stock , then use 3.5 as stoploss and 3.53 as target.
Share price targets for China Automotive (CAAS)
| Target Type | Value |
| Downside Target | 3.05 |
| Downside Target | 3.17 |
| Downside Target | 3.40 |
| Upside Target | 3.59 |
| Upside Target | 3.61 |
| Upside Target | 3.63 |
| Upside Target | 3.70 |
| Upside Target | 3.75 |
| Upside Target | 3.85 |
Intraday share price targets for China Automotive (CAAS)
| Target Type | Value |
| Downside Intraday Target | 3.4 |
| Downside Intraday Target | 3.3 |
| Upside Intraday Target | 3.67 |
| Upside Intraday Target | 3.84 |
| Upside Intraday Target | 3.57 |
Weekly technical analysis of China Automotive (CAAS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 3.49 | 3.52 | 3.75 | 3.48 | 0.511 times |
| 17 Fri May 2024 | 3.55 | 3.52 | 3.59 | 3.42 | 2.483 times |
| 10 Fri May 2024 | 3.52 | 3.55 | 3.57 | 3.40 | 0.745 times |
| 03 Fri May 2024 | 3.55 | 3.52 | 3.61 | 3.42 | 1.627 times |
| 26 Fri Apr 2024 | 3.53 | 3.70 | 3.70 | 3.46 | 0.663 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of China Automotive (CAAS)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 3.49 | 3.52 | 3.75 | 3.40 | 0.874 times |
| 30 Tue Apr 2024 | 3.54 | 3.66 | 3.85 | 3.42 | 1.266 times |
| 28 Thu Mar 2024 | 3.55 | 3.23 | 3.63 | 3.20 | 0.85 times |
| 29 Thu Feb 2024 | 3.23 | 3.40 | 3.54 | 3.17 | 0.647 times |
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of China Automotive (CAAS)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 38, 46, 9 | Sell |
| MACD | 0, 0 | Buy |
| Stochastics | 49 | None |
| CCI | 2 | Sell |
| RSI | 50 | Sell |
| OBV | 212832 | Sell |
| VWAP | 4 | Sell |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
Price action analysis of China Automotive ( (CAAS) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of China Automotive ( (CAAS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of China Automotive ( (CAAS) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of China Automotive ( (CAAS) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for China Automotive stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for China Automotive in short term and the buy signal is strong.
China Automotive Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for China Automotive in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of China Automotive is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.52 and China Automotive (CAAS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the China Automotive (CAAS) stock. Volume based technical analysis of China Automotive (CAAS) stock is negative.
China Automotive Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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