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(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 37470

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 3.78 3.75 3.81 3.69 0.598 times
30 Thu May 2024 3.80 3.74 3.80 3.73 0.886 times
29 Wed May 2024 3.71 3.68 3.77 3.65 1.038 times
28 Tue May 2024 3.68 3.63 3.70 3.60 1.326 times
23 Thu May 2024 3.49 3.68 3.68 3.48 0.953 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3.8, for a target of 3.7 or 3.57

Share price targets for China Automotive (CAAS)

Target Type Value
Downside Target 3.05
Downside Target 3.17
Downside Target 3.40
Downside Target 3.60
Downside Target 3.61
Downside Target 3.63
Downside Target 3.75
Upside Target 3.81
Upside Target 3.85

Intraday share price targets for China Automotive (CAAS)

Target Type Value
Downside Intraday Target 3.65
Downside Intraday Target 3.52
Upside Intraday Target 3.86
Upside Intraday Target 3.94
Downside Intraday Target 3.73

Weekly technical analysis of China Automotive (CAAS)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 3.78 3.63 3.81 3.60 0.878 times
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

Price has moved up 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
31 Fri May 2024 3.78 3.52 3.81 3.40 1.046 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 up 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 36, 36, 0 Sell
MACD 0, 0Buy
Stochastics 91Buy
CCI 117Sell
RSI 55Buy
OBV 311132Sell
VWAP 4Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

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 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 losing momentum.

MACD generated a BUY signal for China Automotive in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

China Automotive Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of China Automotive is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.65 and China Automotive (CAAS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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