CXDC Stock Forecast and Price Target (China XD Plastics Company Limited stock)

CXDC Stock Trend

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.41 is broken, it will firstly indicate a stronger fall rate.

Given the current short-term trend, the stock is expected to fall -3.63% during the next 3 months and, with a 90% probability hold a price between $0.39 and $0.99 at the end of this 3-month period.

WARNING: Trend forecast is still in the development phase and should be used with caution. Some cases might produce unexpected results such as negative prices at the end of the trend.

Data

Date	Bottom	Mid	Top
2021-09-23	$0.41	$0.72	$1.03
2021-09-24	$0.40	$0.72	$1.03
2021-09-27	$0.40	$0.72	$1.03
2021-09-28	$0.40	$0.72	$1.03
2021-09-29	$0.40	$0.72	$1.03
2021-09-30	$0.40	$0.72	$1.03
2021-10-01	$0.40	$0.71	$1.03
2021-10-04	$0.40	$0.71	$1.03
2021-10-05	$0.40	$0.71	$1.03
2021-10-06	$0.40	$0.71	$1.03
2021-10-07	$0.40	$0.71	$1.02
2021-10-08	$0.40	$0.71	$1.02
2021-10-11	$0.40	$0.71	$1.02
2021-10-12	$0.40	$0.71	$1.02
2021-10-13	$0.40	$0.71	$1.02
2021-10-14	$0.40	$0.71	$1.02
2021-10-15	$0.40	$0.71	$1.02
2021-10-18	$0.39	$0.71	$1.02
2021-10-19	$0.39	$0.71	$1.02
2021-10-20	$0.39	$0.71	$1.02
2021-10-21	$0.39	$0.71	$1.02
2021-10-22	$0.39	$0.71	$1.02
2021-10-25	$0.39	$0.70	$1.02
2021-10-26	$0.39	$0.70	$1.02
2021-10-27	$0.39	$0.70	$1.02
2021-10-28	$0.39	$0.70	$1.02
2021-10-29	$0.39	$0.70	$1.01
2021-11-01	$0.39	$0.70	$1.01
2021-11-02	$0.39	$0.70	$1.01
2021-11-03	$0.39	$0.70	$1.01

About China XD Plastics Company Limited

China XD Plastics Company Ltd. engages in the research, development, manufacture, and sale of modified plastics primarily for automotive applications in China and Dubai, the United Arab Emirates. Its modified plastics are used to fabricate various auto components, including exteriors consisting of automobile bumpers, rearview and sideview mirrors, and license plate parts; interiors, such as door panels, dashboards, steering wheels, glove compartm... Read more

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