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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
CN Energy Group Inc. - Class A Ordinary Shares (NASDAQ:CNEY)
Strong Downtrend (-100) - CNEY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CNEY continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CNEY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNEY.
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 CNEY
The long-term trend has been DOWN since Oct 13th, 2022 at 1.8600
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.9500
The short-term trend has been DOWN since May 8th, 2024 at 0.7301
Smart Scan Analysis for CNEY
Based on our trend formula, CNEY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.725900 | 0.805101 | 0.725900 | 0.740000 | -0.047700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.740000 | 16243 | 2024-05-08 15:56:11 |
| 52wk High | 8.04 | 52wk High Date | 2023-05-23 |
| 52wk Low | 0.685 | 52wk Low Date | 2024-04-16 |
| Average Volume | 235,760 | Shares Outstanding | 515 |
| Assets | 126,195,222M | Liabilities | 22,632,988M |