Cabot Corp (CBT): Price Down $-0.33 (-0.62)% Over Past Day, Down $-0.02 (-0.04)% Over Past Hour

The Hourly View for CBT

At the moment, CBT (Get Ratings)’s price is down $-0.02 (-0.04%) from the hour prior. CBT has seen its price go down 8 out of the past 10 hours, thus creating some compelling opportunities for bears. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

CBT ranks 59th in terms of today’s price percentage change out of Chemicals stocks.

CBT’s Technical Outlook on the Daily Chart

At the moment, CBT’s price is down $-0.33 (-0.62%) from the day prior. This move is a reversal from the day prior, which saw price move up. As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows CBT’s price action over the past 90 days.



CBT: Daily RSI Analysis

  • For CBT, its RSI is now at 58.75.
  • CBT and RSI may be exhibiting divergent trends. This may be something to monitor.

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