Predict the stock price of CBAT tomorrow?
4/17/2025 03:28pm
The stock price of CBAK Energy Technology Inc. (CBAT) is predicted to experience a **swing** tomorrow, April 17, 2025.
1. **Current Price Trend**: CBAT is currently between the narrow support level and the narrow resistance level, indicating a bullish price trend.
2. **Forecast Price Trend**: The forecast for CBAT's price trend for the next day is a **swing**, with a historical win rate of 66.29% for this type of forecast.
3. **Support and Resistance Levels**: The stock is positioned between the narrow support level of $0.68 and the narrow resistance level of $0.83, suggesting a potential for price movement within this range.
4. **Closing Price and Trading Volume**: The closing price on April 16, 2025, was $0.67, with a trading volume of 96,477 shares. Increased trading volume often precedes price movement, indicating potential for a price swing tomorrow.
|code|Ticker|Name|Date|Closing Price|Trading Volume|market_code|
|---|---|---|---|---|---|---|
|CBAT|CBAT.O|CBAK Energy Technology|20250416|0.67|96477|186|
In conclusion, CBAT is likely to experience a price swing tomorrow, with a potential for the stock to move within the narrow support and resistance levels. Investors should monitor the stock's performance closely, considering the potential for both upward and downward movement.