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Stock Trend Analysis Report
Prepared for you on Friday, May 3, 2024.
Concord Medical Services Holdings Limited ADS (Each represents three ordinary shares) (NYSE:CCM)
Crossroads (+60) - CCM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CCM?
MarketClub looks at technical strength and momentum to determine if the timing is right for CCM.
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 CCM
The long-term trend has been DOWN since Aug 14th, 2023 at 1.2000
The intermediate-term trend has been UP since Apr 30th, 2024 at 0.7490
The short-term trend has been UP since Apr 26th, 2024 at 0.6331
Smart Scan Analysis for CCM
Based on our trend formula, CCM is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.820000 | 0.831114 | 0.695100 | 0.700000 | -0.063300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.700000 | 62061 | 2024-05-02 15:55:21 |
| Year High | 4.2 | Year High Date | 2018-05-02 |
| Year Low | 2.4643 | Year Low Date | 2018-02-15 |
| 52wk High | 1.6 | 52wk High Date | 2023-08-04 |
| 52wk Low | 0.3818 | 52wk Low Date | 2024-03-21 |
| Year End Close | 4.13 | Average Volume | 9,390 |
| Shares Outstanding | 47,451 | Short Interest | 15,941 |
| % Institutional | 4.4 | Market Cap | 102M |
| Assets | 631,098,100M | Liabilities | 784,569,600M |
| Beta | 0.65 | Volatility | 86.44 |