Country Icon

China New Borun Corporation (BORN) - Buy, Sell or Hold?

Sector: Consumer Non-Durables   Sub-Sector: Beverages (Production/Distribution)
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 20 Oct 2017NoneDojiThu, 12 Oct 20172.96%
***Stock database and scans are updated around midnight (New York time) every trading day.
1.39 0.00 (0%) Oct 20 3:57pm EDT
Open: 1.4100 Range: 1.3700 - 1.4100 Vol: 14.53K Avg Vol: 42.67K
EPS: 0.51 P/E ratio: 2.73 EBITDA: 43.53M Mkt Cap: 35.76M
Analyze "BORN" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 1.39
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 1.32
Last Trade is above the 50 day moving average at 1.29
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 1.26
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of BORN

Stock Trend Analysis - Buy, Sell or Hold "China New Borun Corporation" (BORN)?

BORN is in a long term trading range with a downward bias. This stock has traded about 70% of the time below the 200 day moving average in the last 52 weeks on daily average volume of 42.7K shares changing hands. The 50 day moving average indicates a medium term trading range with a bullish upside inclination. The 20 day moving average is also biased to the bullish side although the last two months have been in a trading range. Although the medium term moving averages generally favor the longs, buyers still have to tread carefully as the longer term uptrend is still not very convincing. Objectively, dips should still be bought but buyers have to be very selective in choosing a level to scale in for e.g. near the 200 SMA currently at 1.26. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "BORN".

The analyst consensus estimates for the 1 year price target for this stock is $7.00* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 20 Oct 2017
Consumer Non-Durables Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
ATRAptarGroup, Inc.Buy, Sell or HoldTrading Levels & Pivots
SYYSysco CorporationBuy, Sell or HoldTrading Levels & Pivots
COLMColumbia Sportswear CompanyBuy, Sell or HoldTrading Levels & Pivots
MYEMyers Industries, Inc.Buy, Sell or HoldTrading Levels & Pivots
MKCMcCormick & Company, IncorporatedBuy, Sell or HoldTrading Levels & Pivots
UGUnited-Guardian, Inc.Buy, Sell or HoldTrading Levels & Pivots
HSYHershey Company (The)Buy, Sell or HoldTrading Levels & Pivots
BUDAnheuser-Busch Inbev SABuy, Sell or HoldTrading Levels & Pivots
GESGuess?, Inc.Buy, Sell or HoldTrading Levels & Pivots
DARDarling International Inc.Buy, Sell or HoldTrading Levels & Pivots