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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
CANOPUS BIOPHARMA INC (NASDAQ:CBIA)
Bear Market Rally (-75) - CBIA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CBIA as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CBIA?
MarketClub looks at technical strength and momentum to determine if the timing is right for CBIA.
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 CBIA
The long-term trend has been DOWN since Jun 12th, 2023 at 0.0281
The intermediate-term trend has been UP since Apr 26th, 2024 at 0.0003
The short-term trend has been DOWN since May 8th, 2024 at 0.0003
Smart Scan Analysis for CBIA
Based on our trend formula, CBIA is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00040 | 0.00040 | 0.00025 | 0.00030 | -0.00010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00040 | 29668733 | 2024-05-09 11:52:39 |
| Year High | 0.6 | Year High Date | 2018-10-16 |
| Year Low | 0.0707 | Year Low Date | 2018-09-18 |
| 52wk High | 0.224 | 52wk High Date | 2023-05-19 |
| 52wk Low | 0.0001 | 52wk Low Date | 2024-04-25 |
| Year End Close | 0.25 | Average Volume | 152,641,879 |
| Shares Outstanding | 530 | Assets | 900M |
| Beta | -0.57000000 | Volatility | 1211.42 |