China's Debt Story
According to estimates by Standard Chartered Plc., China’s share in global debt tripled last year from its 2009 levels.
During the global recession of 2009, China’s debt -- corporate, household and government – was 6.1 percent of the global total. In 2017, it was 18 percent, Standard Chartered analysis shows. China now ranks as the third most ‘indebted’ nation in terms of its share in global debt, following the U.S. and the euro area.
Standard Chartered projects China’s debt-to-GDP ratio rising to about 290 percent by the end of 2020, compared to 270 percent as of March 31.
CBON in -0.39% downward trend, falling for three consecutive days on January 03, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CBON declined for three days, in of 298 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 30, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CBON as a result. In of 80 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for CBON turned negative on January 02, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 62 similar instances when the indicator turned negative. In of the 62 cases the stock turned lower in the days that followed. This puts the odds of success at .
CBON moved below its 50-day moving average on December 30, 2024 date and that indicates a change from an upward trend to a downward trend.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CBON advanced for three days, in of 300 cases, the price rose further within the following month. The odds of a continued upward trend are .
CBON may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 292 cases where CBON Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Industry description
General Information
Category EmergingMarketsBond