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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
VanEck ChiNext ETF (PACF:CNXT)
Sidelines Mode (-55) - CNXT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CNXT?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNXT.
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 CNXT
The long-term trend has been DOWN since Apr 25th, 2023 at 30.6000
The intermediate-term trend has been UP since Apr 29th, 2024 at 23.2882
The short-term trend has been DOWN since May 8th, 2024 at 24.3095
Smart Scan Analysis for CNXT
Based on our trend formula, CNXT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.0500 | 24.0500 | 23.9600 | 23.9702 | -0.3583 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.0041 | 4485 | 2024-05-08 14:56:32 |
| Year High | 37.1 | Year High Date | 2018-03-12 |
| Year Low | 21.07 | Year Low Date | 2018-10-18 |
| 52wk High | 30.555 | 52wk High Date | 2023-05-15 |
| 52wk Low | 19.65 | 52wk Low Date | 2024-02-02 |
| Average Volume | 5,821 | Shares Outstanding | 650 |
| Volatility | 40.79 |