Breakout Watch 29Dec2024 - $CBATWatch out for this stock in the short term - May deliver significant potential upside.
Note: This is not a recommendation or investment advice, just a stock to watch. Do your own research.
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
0.1311 USD
11.79 M USD
176.61 M USD
71.56 M
About CBAK Energy Technology, Inc.
Sector
Industry
CEO
Zhi Guang Hu
Website
Headquarters
Dalian
Founded
1999
FIGI
BBG000DZX6K5
CBAK Energy Technology, Inc. engages in the manufacture, commercialization, and distribution of lithium-ion rechargeable batteries. Its products are used for electronic vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply, and high-power applications. It operates through the CBAK and Hitrans segments. The CBAK segment mainly includes the manufacture, commercialization and distribution of a wide variety of standard and customized lithium-ion rechargeable batteries for use in a wide array of applications. The Hitrans segment covers the development and manufacturing of NCM precursor and cathode materials. The company was founded on October 4, 1999 and is headquartered in Dalian, China.
CBAT Multiple Bottom WedgeMultiple bottom combined with a wedging formation could setup a nice rip off break
CBAT LongDowntrend Wedge breakout
Weekly Support line confirmation
Entry 1.35
Stop 0 -- no Stop, this is gamble
Target 4.6, 8.5
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1%
CBAT LongDemand Zone, not confirmed. Waiting for trendline break.
RSI Divergence
Entry 2.55
Stop 1.95
Target1 5
Target2 9.4
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test m
CBAT oversold! Price target and stop lossCBAK Energy Technology, Inc. (CBAT) oversold on the daily!
Based on support and resistance we have:
Price target: 4.70usd
Stop loss:0.93usd
Strong Buy Signal in CBAKAmidst today's closing, we were given a strong buy signal in CBAK Energy Technology. This signal is entirely based on the much sophisticated RSI strategies, that identify levels of max pain both in accumulations and distributions alike.
If you look at the charts, you can see the historical results
CBAT wave analysisWe have met our Macro wave one ending at our 5 minor wave 5 moving into correction wave 2 while creating a bullish abc wave pattern at the moment we are creating a sideways creation of a flat then a 5 wave correctional back down to the 0.5, 0.618 fib retracement and maybe a possible bullish truncati
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related stocks
Frequently Asked Questions
The current price of CBAT is 0.7043 USD — it has increased by 5.12% in the past 24 hours. Watch CBAK Energy Technology, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange CBAK Energy Technology, Inc. stocks are traded under the ticker CBAT.
CBAT stock has risen by 7.09% compared to the previous week, the month change is a −17.14% fall, over the last year CBAK Energy Technology, Inc. has showed a −24.27% decrease.
We've gathered analysts' opinions on CBAK Energy Technology, Inc. future price: according to them, CBAT price has a max estimate of 2.00 USD and a min estimate of 2.00 USD. Watch CBAT chart and read a more detailed CBAK Energy Technology, Inc. stock forecast: see what analysts think of CBAK Energy Technology, Inc. and suggest that you do with its stocks.
CBAT reached its all-time high on Mar 3, 2006 with the price of 68.9000 USD, and its all-time low was 0.2320 USD and was reached on Dec 26, 2018. View more price dynamics on CBAT chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
CBAT stock is 5.25% volatile and has beta coefficient of 0.82. Track CBAK Energy Technology, Inc. stock price on the chart and check out the list of the most volatile stocks — is CBAK Energy Technology, Inc. there?
Today CBAK Energy Technology, Inc. has the market capitalization of 63.34 M, it has increased by 9.36% over the last week.
Yes, you can track CBAK Energy Technology, Inc. financials in yearly and quarterly reports right on TradingView.
CBAK Energy Technology, Inc. is going to release the next earnings report on May 8, 2025. Keep track of upcoming events with our Earnings Calendar.
CBAT earnings for the last quarter are −0.05 USD per share, whereas the estimation was 0.01 USD resulting in a −600.00% surprise. The estimated earnings for the next quarter are 0.00 USD per share. See more details about CBAK Energy Technology, Inc. earnings.
CBAT net income for the last quarter is −4.51 M USD, while the quarter before that showed 17.65 K USD of net income which accounts for −25.65 K% change. Track more CBAK Energy Technology, Inc. financial stats to get the full picture.
No, CBAT doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 18, 2025, the company has 1.46 K employees. See our rating of the largest employees — is CBAK Energy Technology, Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. CBAK Energy Technology, Inc. EBITDA is 18.71 M USD, and current EBITDA margin is 10.59%. See more stats in CBAK Energy Technology, Inc. financial statements.
Like other stocks, CBAT shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade CBAK Energy Technology, Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So CBAK Energy Technology, Inc. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating CBAK Energy Technology, Inc. stock shows the sell signal. See more of CBAK Energy Technology, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.