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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Cue Health Inc. (NASDAQ:HLTH)
Long-Term Downtrend (-90) - HLTH is in a strong downtrend that is likely to continue. While HLTH 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 HLTH?
MarketClub looks at technical strength and momentum to determine if the timing is right for HLTH.
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 HLTH
The long-term trend has been DOWN since Sep 28th, 2021 at 18.000
The intermediate-term trend has been DOWN since Mar 5th, 2024 at 0.235
The short-term trend has been DOWN since May 8th, 2024 at 0.134
Smart Scan Analysis for HLTH
Based on our trend formula, HLTH is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1300 | 0.1380 | 0.1270 | 0.1342 | +0.0032 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1310 | 343377 | 2024-05-09 13:42:10 |
| 52wk High | 0.9413 | 52wk High Date | 2023-05-10 |
| 52wk Low | 0.126 | 52wk Low Date | 2024-05-08 |
| Average Volume | 395,485 | Shares Outstanding | 158,516 |
| Assets | 492,293,000M | Liabilities | 103,459,000M |
| P/E Ratio | -0.18420000 |