Technical Eye on China Recycling Energy Corporation (NASDAQ:CREG)

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of China Recycling Energy Corporation (NASDAQ:CREG) for the period of 9-Day stands at 46.96% while the stochastic %D for the same period stands at 53.22%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of China Recycling Energy Corporation (NASDAQ:CREG) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for China Recycling Energy Corporation (NASDAQ:CREG) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently China Recycling Energy Corporation (NASDAQ:CREG)’s 20-Day Bollinger Band indicates “Hold”.

About Company

China Digital Wireless allows wireless users in China to access financial information, execute stock trades, and access various entertainment-related services on their mobile phones. In addition to its value-added information services business, China Digital Wireless distributes various mobile phone models in the Shanghai, China region.

Previous Day Activity Analysis

On the last trading day, China Recycling Energy Corporation (NASDAQ:CREG) opened the session at $5.02 and after going down -27.99% closed at $3.86. The stock lost -1.16 points in the last trade.

China Recycling Energy Corporation (NASDAQ:CREG)’s stock fluctuated in the range of $3.76 and $5.32 during the previous active session. China Recycling Energy Corporation (NASDAQ:CREG) traded with the volume of 2.19 Million with average volume of 916.03 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 3.08 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1 and 65.52 respectively.

Currently the Insider Ownership of the shares of China Recycling Energy Corporation (NASDAQ:CREG) is at 50.85% and the shares outstanding are 5.33 Million.

Important Ratio Analysis

Some important ratios to consider here for China Recycling Energy Corporation (NASDAQ:CREG) are discussed below:

Price to Earnings P/E ratio stands at 241.25 while Forward P/E shows the value of 0.

The Price to Sale P/S and Price to Book P/B shows the value of 0 and 0.16 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 0.35 and 0 correspondingly.

The Quick Ratio of China Recycling Energy Corporation (NASDAQ:CREG) stands at 1.4 while the Current Ratio depicts the value of 1.4.

Stock Performance Analysis

The stock performance of China Recycling Energy Corporation (NASDAQ:CREG) on the basis of 5 day trade show the jump of 211.29% whereas, the monthly performance of the stock shows increase of 229.91%.

The quarterly performance of the stock remained in green zone with the value of 208.8% while six month performance of the shares of China Recycling Energy Corporation (NASDAQ:CREG) remained bullish with the count of 147.44%.

The yearly and YTD performance of China Recycling Energy Corporation (NASDAQ:CREG) remained up at 168.06% and 158.89% respectively.

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