Free Point and Figure charts China Information Technology, Inc. CNIT share NASDAQ Stock Exchange

Stock CNIT - Share China Information Technology, Inc. trades in NASDAQ under Technology Deals in Computer Software: Prepackaged Software

Daily Support: 1.7
Daily Resistance: 1.82
5 Day Moving Average is 1.76
20 Day Moving Average is 1.84

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Date	Change	Open	Close	High	Low	Volume
Fri 01 Jun 2018	0%	1.76	1.76	1.84	1.72	1.76 times
Thu 31 May 2018	1.15%	1.74	1.76	1.77	1.71	0.45 times
Wed 30 May 2018	-0.57%	1.73	1.74	1.74	1.71	0.77 times
Tue 29 May 2018	-1.13%	1.76	1.75	1.76	1.71	0.74 times
Fri 25 May 2018	1.72%	1.72	1.77	1.77	1.70	0.58 times
Thu 24 May 2018	-1.14%	1.73	1.74	1.74	1.72	0.53 times
Wed 23 May 2018	-0.56%	1.75	1.76	1.77	1.72	0.51 times
Tue 22 May 2018	0%	1.74	1.77	1.79	1.70	1.56 times
Mon 21 May 2018	-0.56%	1.79	1.77	1.79	1.75	0.64 times
Fri 18 May 2018	0.56%	1.76	1.78	1.80	1.75	0.63 times

Point & Figure Charts for China Information Technology, Inc. CNIT

Point and Figure charts are best suited to find trend and reversal points of a stock.

Point & Figure charts can be used by long term investors, or even by short term swing traders. All you have to do is switch the Point & Figure BOX setting and Point & Figure Reversal settings below for China Information Technology, Inc. CNIT and you are good to go!

A swing trader can use 1% of the stocks current price as Point & Figure BOX, and the default 3 box as Reversal

A long term investor would be more comfortable with 2% to 5% Point and Figure BOX setting, and either 3 Box as Reversal, or 5 Box as Reversal

At MunafaSutra.com I use at least 250 data points to draw Point and Figure charts of China Information Technology, Inc. CNIT stock.