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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Clene Inc. (NASDAQ:CLNN)
Sidelines Mode (+55) - CLNN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CLNN?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLNN.
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 CLNN
The long-term trend has been DOWN since Apr 18th, 2023 at 0.9500
The intermediate-term trend has been UP since Apr 30th, 2024 at 0.4199
The short-term trend has been DOWN since May 7th, 2024 at 0.4022
Smart Scan Analysis for CLNN
Based on our trend formula, CLNN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.3950 | 0.3974 | 0.3950 | 0.3974 | +0.0075 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.3899 | 9475 | 2024-05-09 09:32:56 |
| 52wk High | 1.09 | 52wk High Date | 2023-06-15 |
| 52wk Low | 0.25 | 52wk Low Date | 2023-12-27 |
| Average Volume | 1,087,578 | Shares Outstanding | 128,434 |
| Assets | 52,341,000M | Liabilities | 38,951,000M |
| P/E Ratio | -2.76320000 |