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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Culp, Inc. (NYSE:CULP)

Long-Term Downtrend (-90) - CULP is in a strong downtrend that is likely to continue. While CULP 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 CULP?

MarketClub looks at technical strength and momentum to determine if the timing is right for CULP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_CULP
Open High Low CULP Price Change
4.3500 4.4299 4.3500 4.4000 +0.0400
Entry Signal

MarketClub’s Trade Triangles for CULP

long term down The long-term trend has been DOWN since Nov 9th, 2023 at 5.2683

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2024 at 4.4100

short term down The short-term trend has been DOWN since May 8th, 2024 at 4.3601

Smart Scan Analysis for CULP

Based on our trend formula, CULP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CULP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.3500 4.4299 4.3500 4.4000 +0.0400
Prev. Close Volume Bid Ask Time
4.3600 29545 2024-05-09 14:20:08
Year High33.6Year High Date2018-01-02
Year Low20.55Year Low Date2018-11-29
52wk High5.94552wk High Date2023-10-16
52wk Low4.252wk Low Date2023-06-02
Average Volume16,834Shares Outstanding12,470
Market Cap203MAssets141,998,000M
Liabilities61,202,000MP/E Ratio-2.12690000
Volatility39.07
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