Technical Analysis for CNET - ChinaNet Online Holdings, Inc.

Grade Last Price % Change Price Change
F 1.64 -7.34% -0.13
CNET closed down 7.34 percent on Friday, November 15, 2024, on 16 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Stochastic Reached Oversold Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
20 DMA Resistance Bearish -7.34%
Down 3 Days in a Row Weakness -7.34%
Fell Below 20 DMA Bearish -10.38%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -10.38%
50 DMA Resistance Bearish -15.03%

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Profile

ChinaNet Online Holdings, Inc. Description

ChinaNet Online Holdings, Inc., through its subsidiaries, provides business-to-businesses Internet services for small and medium enterprises (SMEs) sales networks in the People's Republic of China. The company operates through five segments: Internet Advertisement, Technical Services, TV Advertisement, Bank Kiosks, and Brand Management and Sales Channel Building. Its Internet advertising and marketing portals include 28.com for SMEs to advertise their business information, brands, products, services, and other related business opportunities through their mini-sites, as well as provides management tools, such as lead generation and management, tracking, search engine marketing, search engine optimization, resource scheduling, content management, and price adjustment service. The company's Internet advertising and marketing portals also comprise Liansuo.com to serve larger SMEs and international clients; sooe.cn for smaller sized and emerging SMEs; and Chuangye.com to assist entrepreneurs in developing their business, as well as sharing their resources in a Web2.0 and SNS2.0 driven interaction. In addition, it produces and distributes television shows comprising advertisements and promotions for various clients; and operates bank kiosk advertising network, which provide advertising services and Internet access to perform non-cash banking functions, such as transferring money, purchasing annuities and/or insurance, and paying bills. Further, the company offers brand management and sales channel building services, which include iMAP management services, such as brand investigation, modulization, application, and promotion, as well as sales channel expansion modeling, implementation, and management services. It serves customers in cosmetics, health care, footwear, apparel, garments, food and beverage, environmental protection equipment, and women accessories industries. The company was founded in 2003 and is headquartered in Beijing, China.


Classification

Sector: Consumer Cyclical
Industry: Advertising Agencies
Keywords: Beverage Internet Access Customer Relationship Management Digital Marketing Advertising Advertising Services Content Management Search Engine Internet Services Business Economics Kiosks Brand Management Search Engine Optimization Search Engine Marketing Advertising Network Lead Generation Personal Selling Internet Advertising Ns2

Is CNET a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 5.04
52 Week Low 1.6
Average Volume 294,331
200-Day Moving Average 3.08
50-Day Moving Average 2.16
20-Day Moving Average 1.87
10-Day Moving Average 1.83
Average True Range 0.29
RSI (14) 38.27
ADX 12.43
+DI 17.57
-DI 19.55
Chandelier Exit (Long, 3 ATRs) 1.55
Chandelier Exit (Short, 3 ATRs) 2.47
Upper Bollinger Bands 2.11
Lower Bollinger Band 1.63
Percent B (%b) 0.01
BandWidth 25.69
MACD Line -0.11
MACD Signal Line -0.12
MACD Histogram 0.0028
Fundamentals Value
Market Cap 11.82 Million
Num Shares 7.2 Million
EPS -1.20
Price-to-Earnings (P/E) Ratio -1.37
Price-to-Sales 0.22
Price-to-Book 0.79
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.95
Resistance 3 (R3) 1.99 1.92 1.90
Resistance 2 (R2) 1.92 1.84 1.90 1.88
Resistance 1 (R1) 1.78 1.79 1.74 1.74 1.87
Pivot Point 1.71 1.71 1.69 1.69 1.71
Support 1 (S1) 1.57 1.63 1.54 1.54 1.41
Support 2 (S2) 1.50 1.58 1.48 1.40
Support 3 (S3) 1.36 1.50 1.38
Support 4 (S4) 1.33