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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL)
Weak Downtrend (-65) - CONL is showing signs of a strengthening downtrend. Monitor CONL as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CONL?
MarketClub looks at technical strength and momentum to determine if the timing is right for CONL.
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 CONL
The long-term trend has been UP since Nov 20th, 2023 at 15.28
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 58.99
The short-term trend has been DOWN since May 8th, 2024 at 45.90
Smart Scan Analysis for CONL
Based on our trend formula, CONL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 43.850 | 46.325 | 42.840 | 44.730 | -1.400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.130 | 1452295 | 2024-05-08 15:59:34 |
| 52wk High | 87.3684 | 52wk High Date | 2024-03-25 |
| 52wk Low | 5.3701 | 52wk Low Date | 2023-06-06 |
| Average Volume | 2,178,260 |
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