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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
COVESTRO AG SPNS/ADR (NASDAQ:COVTY)
Sidelines Mode (+55) - COVTY 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 COVTY?
MarketClub looks at technical strength and momentum to determine if the timing is right for COVTY.
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 COVTY
The long-term trend has been UP since Dec 18th, 2023 at 28.920
The intermediate-term trend has been UP since Feb 22nd, 2024 at 26.716
The short-term trend has been DOWN since Apr 18th, 2024 at 26.810
Smart Scan Analysis for COVTY
Based on our trend formula, COVTY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.670 | 26.730 | 26.510 | 26.531 | -0.509 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.040 | 8725 | 2024-04-18 15:48:00 |
| Year High | 62.08 | Year High Date | 2018-01-17 |
| Year Low | 26.63 | Year Low Date | 2018-11-20 |
| 52wk High | 31.76 | 52wk High Date | 2023-12-18 |
| 52wk Low | 19.11 | 52wk Low Date | 2023-05-31 |
| Average Volume | 11,347 | Assets | 145,850,000M |
| Liabilities | 749,900,000M | Volatility | 67.95 |