Technical Analysis for BORN - China New Borun Corporation

Grade Last Price % Change Price Change
grade F 0.2701 6.17% 0.02
BORN closed up 6.17 percent on Tuesday, June 18, 2019, on 8.05 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical BORN trend table...

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 6.17%
Volume Surge Other 6.17%
Lower Bollinger Band Walk Weakness 6.17%
New 52 Week Low Weakness 6.17%
Wide Bands Range Expansion 6.17%
Down 3 Days in a Row Weakness 6.17%

Older signals for BORN ...

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Basic chart:
Profile
China New Borun Corporation engages in the production and distribution of corn-based edible alcohol in the People's Republic of China. Its edible alcohol products are primarily sold as an ingredient to producers of baijiu who further blend them into finished products sold under various brand names in retail stores, bars, banquet halls, restaurants, and other locations where alcoholic beverages are typically consumed. Baijiu is a grain-based alcoholic beverage. The company also produces and sells distillers dried grains with solubles feed, corn germ, crude corn oil, and liquid carbon dioxide as by-products of edible alcohol. China New Borun Corporation was founded in 2000 and is based in Shouguang, the People's Republic of China. China New Borun Corporation is a subsidiary of King River Holding Limited.
Food And Drink Retail Stores Maize By Products Cuisine Ethanol Distilled Drinks Distillers Grains Fermented Drinks Alcoholic Drink
Is BORN a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 1.36
52 Week Low 0.2222
Average Volume 99,200
200-Day Moving Average 0.8918
50-Day Moving Average 0.7315
20-Day Moving Average 0.5514
10-Day Moving Average 0.4099
Average True Range 0.0577
ADX 43.22
+DI 11.389
-DI 45.6301
Chandelier Exit (Long, 3 ATRs ) 0.5979
Chandelier Exit (Short, 3 ATRs ) 0.3953
Upper Bollinger Band 0.9152
Lower Bollinger Band 0.1876
Percent B (%b) 0.11
BandWidth 131.955024
MACD Line -0.1333
MACD Signal Line -0.1011
MACD Histogram -0.0322
Fundamentals Value
Market Cap 6.95 Million
Num Shares 25.7 Million
EPS 0.51
Price-to-Earnings (P/E) Ratio 0.53
Price-to-Sales 0.10
Price-to-Book 0.12
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.40
Resistance 3 (R3) 0.41 0.37 0.38
Resistance 2 (R2) 0.37 0.34 0.37 0.37
Resistance 1 (R1) 0.32 0.32 0.31 0.31 0.36
Pivot Point 0.29 0.29 0.28 0.28 0.29
Support 1 (S1) 0.24 0.25 0.22 0.23 0.18
Support 2 (S2) 0.20 0.23 0.20 0.17
Support 3 (S3) 0.15 0.20 0.16
Support 4 (S4) 0.14