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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
ZW Data Action Technologies Inc. (NASDAQ:CNET)
Sidelines Mode (+55) - CNET 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 CNET?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNET.
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 CNET
The long-term trend has been UP since Dec 5th, 2023 at 1.1200
The intermediate-term trend has been UP since Jan 25th, 2024 at 0.8925
The short-term trend has been DOWN since Apr 10th, 2024 at 0.9953
Smart Scan Analysis for CNET
Based on our trend formula, CNET is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9977 | 1.0000 | 0.9500 | 0.9500 | -0.0500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0000 | 4890 | 2024-04-19 14:15:01 |
| Year High | 11.9 | Year High Date | 2018-01-04 |
| Year Low | 1.08 | Year Low Date | 2018-01-02 |
| 52wk High | 1.9 | 52wk High Date | 2023-05-02 |
| 52wk Low | 0.6901 | 52wk Low Date | 2023-12-04 |
| Year End Close | 0.83 | Average Volume | 20,320 |
| Shares Outstanding | 7,205 | Short Interest | 4,322 |
| % Institutional | 22.4 | Market Cap | 21M |
| Assets | 14,779,000M | Liabilities | 6,538,000M |
| P/E Ratio | -2.16670000 | Beta | 0.79 |
| Volatility | 129.14 |