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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
CHINA DASHENG BIOTECH CO (NASDAQ:CDBT)
Bear Market Rally (-75) - CDBT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CDBT as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CDBT?
MarketClub looks at technical strength and momentum to determine if the timing is right for CDBT.
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 CDBT
The long-term trend has been DOWN since Dec 21st, 2023 at 0.0300
The intermediate-term trend has been UP since Apr 30th, 2024 at 0.0140
The short-term trend has been DOWN since May 1st, 2024 at 0.0138
Smart Scan Analysis for CDBT
Based on our trend formula, CDBT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0102 | 0.0102 | 0.0102 | 0.0102 | -0.0077 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0199 | 949 | 2024-05-01 14:34:27 |
| Year High | 0.13 | Year High Date | 2018-04-20 |
| Year Low | 0.011 | Year Low Date | 2018-09-25 |
| 52wk High | 0.08 | 52wk High Date | 2023-06-30 |
| 52wk Low | 0.0003 | 52wk Low Date | 2024-01-10 |
| Average Volume | 9,999 | Shares Outstanding | 30,000 |
| Volatility | 461.75 |