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Stock Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
The9 Limited - American Depository Shares (NASDAQ:NCTY)
Long-Term Uptrend (+90) - NCTY is in a strong uptrend that is likely to continue. While NCTY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NCTY?
MarketClub looks at technical strength and momentum to determine if the timing is right for NCTY.
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 NCTY
The long-term trend has been UP since Dec 1st, 2023 at 8.5
The intermediate-term trend has been UP since Apr 24th, 2024 at 6.8
The short-term trend has been UP since May 1st, 2024 at 7.2
Smart Scan Analysis for NCTY
Based on our trend formula, NCTY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.87 | 7.93 | 7.70 | 7.71 | -0.27 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.71 | 37803 | 2024-05-03 15:59:54 |
| Year High | 8.13 | Year High Date | 2018-10-19 |
| Year Low | 0.83 | Year Low Date | 2018-08-02 |
| 52wk High | 14.7 | 52wk High Date | 2023-07-14 |
| 52wk Low | 3.33 | 52wk Low Date | 2023-10-04 |
| Year End Close | 2.95 | Average Volume | 27,117 |
| Shares Outstanding | 81 | Short Interest | 6,683 |
| % Institutional | 22.7 | Market Cap | 15M |
| Assets | 363,725,025M | Liabilities | 157,451,871M |
| Beta | 2.34 | Volatility | 205.26 |