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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Cardio Diagnostics Holdings Inc. - Common stock (NASDAQ:CDIO)
Long-Term Downtrend (-90) - CDIO is in a strong downtrend that is likely to continue. While CDIO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CDIO?
MarketClub looks at technical strength and momentum to determine if the timing is right for CDIO.
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 CDIO
The long-term trend has been DOWN since Apr 2nd, 2024 at 1.200
The intermediate-term trend has been DOWN since Jan 19th, 2024 at 2.090
The short-term trend has been DOWN since May 8th, 2024 at 0.696
Smart Scan Analysis for CDIO
Based on our trend formula, CDIO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.735000 | 0.750491 | 0.690000 | 0.735100 | +0.014600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.734400 | 107894 | 2024-05-08 15:57:34 |
| 52wk High | 3.56 | 52wk High Date | 2024-01-02 |
| 52wk Low | 0.171 | 52wk Low Date | 2023-10-26 |
| Average Volume | 300,081 | Shares Outstanding | 8,125 |
| Assets | 4,462,365M | Liabilities | 1,504,241M |