Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
TuanChe Limited - American Depositary Shares (NASDAQ:TC)
Bull Market Weakness (+75) - TC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TC as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TC?
MarketClub looks at technical strength and momentum to determine if the timing is right for TC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TC
The long-term trend has been DOWN since May 11th, 2023 at 0.5200
The intermediate-term trend has been UP since May 6th, 2024 at 2.1650
The short-term trend has been UP since May 2nd, 2024 at 1.6802
Smart Scan Analysis for TC
Based on our trend formula, TC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.1100 | 2.3900 | 1.9050 | 2.3248 | -0.0452 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.3100 | 153855 | 2024-05-08 14:43:43 |
| Year High | 7.9265 | Year High Date | 2018-11-20 |
| Year Low | 6.444 | Year Low Date | 2018-11-28 |
| 52wk High | 11.2485 | 52wk High Date | 2023-07-31 |
| 52wk Low | 1.4 | 52wk Low Date | 2024-03-26 |
| Average Volume | 100,187 | Shares Outstanding | 50 |
| Market Cap | 20M | Assets | 119,348,000M |
| Liabilities | 99,864,000M |