Technical Analysis for CBI - Chicago Bridge & Iron Company N.V.
|Grade||Last Price||% Change||Price Change|
CBI closed down 1.95 percent on Thursday, April 27, 2017, on 63 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
Earnings due: May 8
Trend Table & Recent Alerts
|Weak or Absent||Down||Down||Up|
|See historical CBI trend table...|
|Date||Alert Name||Type||% Chg|
|Apr 27||Fell Below 50 DMA||Bearish||0.00%|
|Apr 27||Bollinger Band Squeeze||Range Contraction||0.00%|
|Apr 26||Crossed Above 50 DMA||Bullish||-1.95%|
|Apr 26||200 DMA Resistance||Bearish||-1.95%|
|Apr 26||Stochastic Reached Overbought||Other||-1.95%|
|Apr 26||Bollinger Band Squeeze||Range Contraction||-1.95%|
|Apr 25||Bollinger Band Squeeze||Range Contraction||-1.00%|
|Apr 24||Bollinger Band Squeeze||Range Contraction||0.39%|
|Apr 21||NR7||Range Contraction||2.50%|
|Apr 21||NR7-2||Range Contraction||2.50%|
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Chicago Bridge & Iron Company N.V., an energy infrastructure focused company, provides conceptual design, technology, engineering, procurement, fabrication, construction, and commissioning services to customers in the energy, petrochemical, and natural resource industries worldwide. The company operates in three segments: Steel Plate Structures, Project Engineering and Construction, and Lummus Technology. The Steel Plate Structures segment offers engineering, procurement, fabrication, and construction services, including mechanical erection services for the hydrocarbon, water, and nuclear industries. This segments projects include above ground storage tanks, elevated storage tanks, liquefied natural gas (LNG) tanks, pressure vessels, and other specialty structures, such as nuclear containment vessels. The Project Engineering and Construction segment provides engineering, procurement, fabrication, and construction services for upstream and downstream energy infrastructure facilities. This segments projects comprise LNG liquefaction and regasification terminals, gas processing plants, refinery units, and petrochemical complexes, as well as a range of other energy-related projects. The Lummus Technology segment offers licenses, services, catalysts, and proprietary equipment for the hydrocarbon refining, petrochemical, and gas processing industries. Chicago Bridge & Iron Company N.V. was founded in 1889 and is headquartered in The Hague, the Netherlands.
Is CBI a Buy, Sell or Hold?
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more CBI news...
|52 Week High||40.0181|
|52 Week Low||25.9404|
|200-Day Moving Average||31.5755|
|50-Day Moving Average||31.0428|
|20-Day Moving Average||30.255|
|10-Day Moving Average||30.108|
|Average True Range||0.7444|
|Chandelier Exit (Long, 3 ATRs)||29.4568|
|Chandelier Exit (Short, 3 ATRs)||30.8932|
|Upper Bollinger Band||31.4342|
|Lower Bollinger Band||29.0758|
|Percent B (%b)||0.69|