CBAK Energy Technology (CBAT, $1.15) RSI Indicator left the overbought zone on May 01, 2024

A.I.dvisor
at Tickeron.com
05/02/24
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CBAT - CBAK Energy Technology
RSI signal
Bearish Trend
Odds of DOWN Trend
RSI signal
Price: $1.145
Daily change: +$0.045 (+4.09%)
Daily volume: 91.5K
Capitalization: $103M
Industry: Electrical Products
This is a signal that CBAT's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 22 similar cases where CBAT's RSI Indicator left the overbought zone, and in of them led to a successful outcome. Odds of Success:
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CBATDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of lithium batteries and related renewable energy products

Industry ElectricalProducts

Profile
Fundamentals
Details
Industry
Electrical Products
Address
CBAK Industrial Park, Meigui Street
Phone
+86 41139185985
Employees
1456
Web
https://www.cbak.com.cn