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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
MULVIHILL CANADIAN BANK ENHANCED YIELD ETF (TSE:CBNK)
Bull Market Weakness (+75) - CBNK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CBNK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CBNK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CBNK.
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 CBNK
The long-term trend has been UP since Dec 14th, 2023 at 7.02
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 7.29
The short-term trend has been UP since May 6th, 2024 at 7.18
Smart Scan Analysis for CBNK
Based on our trend formula, CBNK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.2 | 7.3 | 7.2 | 7.3 | +0.1 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.3 | 2647 | 2024-05-08 15:59:30 |