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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
1606 CORP (NASDAQ:CBDW)
Long-Term Uptrend (+90) - CBDW is in a strong uptrend that is likely to continue. While CBDW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CBDW?
MarketClub looks at technical strength and momentum to determine if the timing is right for CBDW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CBDW
The long-term trend has been UP since Sep 6th, 2023 at 0.0500
The intermediate-term trend has been UP since May 2nd, 2024 at 0.0380
The short-term trend has been UP since Apr 30th, 2024 at 0.0289
Smart Scan Analysis for CBDW
Based on our trend formula, CBDW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0376 | 0.0498 | 0.0376 | 0.0430 | +0.0048 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0430 | 194861 | 2024-05-08 15:57:49 |
| 52wk High | 0.23 | 52wk High Date | 2024-01-30 |
| 52wk Low | 0.015 | 52wk Low Date | 2023-05-09 |
| Average Volume | 206,793 |