Cabot $CBT Technical Update

The Cabot (NYSE: CBT) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for CBT, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Neutral Weak Neutral
P1 47.42 43.40 50.50
P2 51.08 51.47 60.74
P3 53.39 59.18 70.52

Long Term Trading Plans for CBT

November 8, 2018, 3:45 pm ET

The Technical Summary and Trading Plans for CBT help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this CBT Report.

CBT - (Long) Support Plan

Buy over 50.50 target 60.74 stop loss @ 50.24.
The technical summary data tells us to buy CBT near 50.50 with an upside target of 60.74. This data also tells us to set a stop loss @ 50.24 to protect against excessive loss in case the stock begins to move against the trade. 50.50 is the first level of support below 51.25 , and by rule, any test of support is a buy signal. In this case, support 50.50 would be being tested, so a buy signal would exist.

CBT - (Short) Resistance Plan

Short under 60.74 target 50.50 stop loss @ 61.
The technical summary data is suggesting a short of CBT as it gets near 60.74 with a downside target of 50.50. We should have a stop loss in place at 61 though. 60.74 is the first level of resistance above 51.25, and by rule, any test of resistance is a short signal. In this case, if resistance 60.74 is being tested, so a short signal would exist.

CBT Long Term Analysis

CBT EPS Analysis

CBT Dividend Chart

CBT Revenue chart

CBT Growth rate - Quarterly

CBT Growth rate - Yearly

CBT PE chart

CBT PEG chart