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
Tue, 22 Aug 2017NoneDojiWed, 16 Aug 20179.3%
***Stock database and scans are updated around midnight (New York time) every trading day.
1.26 0.00 (0%) Aug 23 4:02pm EDT
Open: 1.45 Range: 1.18 - 1.45 Vol: 419.78K Avg Vol: 131.41K
EPS: 0.49 P/E ratio: 2.90 EBITDA: 41.72M Mkt Cap: 36.27M
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 1.32
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 1.31
Last Trade is below the 50 day moving average at 1.33
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 1.28
* 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 131.4K 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 very weak and shows strong bearish characteristics. Although still too early to confirm and the longer term trend is still up, this may be an indication of a trend reversal taking shape. Buyers need to be cautious and pick levels which may have significant support such as the 200 SMA currently at 1.28. 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 - Tue, 22 Aug 2017
Consumer Non-Durables Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
TELTE Connectivity Ltd.Buy, Sell or HoldTrading Levels & Pivots
WWWWolverine World Wide, Inc.Buy, Sell or HoldTrading Levels & Pivots
FMXFomento Economico Mexicano S.A.B. de C.V.Buy, Sell or HoldTrading Levels & Pivots
JOUTJohnson Outdoors Inc.Buy, Sell or HoldTrading Levels & Pivots
AGYSAgilysys, Inc.Buy, Sell or HoldTrading Levels & Pivots
HSYHershey Company (The)Buy, Sell or HoldTrading Levels & Pivots
GRIFGriffin Land & Nurseries, Inc.Buy, Sell or HoldTrading Levels & Pivots
ITRNIturan Location and Control Ltd.Buy, Sell or HoldTrading Levels & Pivots
ULUnilever PLCBuy, Sell or HoldTrading Levels & Pivots
WACLYWacoal Holdings CorporationBuy, Sell or HoldTrading Levels & Pivots