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CAAS forms Pocket Pivot on September 19

China Automotive Systems, Inc. (CAAS) — Nightly Technical Analysis · Sep 18, 2025, 20:00 ET
On Thursday, September 18th, CAAS moved up 9.13% while volume surged to 2.8× the usual levels. The unusually high volume suggests institutional participation in today's move. The session formed a Pocket Pivot, often signaling a possible continuation. Key support levels exist at 4.81, 4.61 & 4.5, with resistance at 5.12, 5.23 & 5.43.

Current SwingTradeBot Technical Rating of CAAS: C

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China Automotive Systems, Inc. (CAAS)