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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Concord Medical Services Holdings Limited ADS (Each represents three ordinary shares) (NYSE:CCM)
Sidelines Mode (-55) - CCM 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 CCM?
MarketClub looks at technical strength and momentum to determine if the timing is right for CCM.
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 CCM
The long-term trend has been DOWN since Aug 14th, 2023 at 1.2000
The intermediate-term trend has been UP since Mar 26th, 2024 at 0.5600
The short-term trend has been DOWN since Apr 18th, 2024 at 0.6315
Smart Scan Analysis for CCM
Based on our trend formula, CCM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.6331 | 0.6331 | 0.5832 | 0.5832 | -0.0500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.6332 | 806 | 2024-04-18 15:09:34 |
| Year High | 4.2 | Year High Date | 2018-05-02 |
| Year Low | 2.4643 | Year Low Date | 2018-02-15 |
| 52wk High | 1.6 | 52wk High Date | 2023-08-04 |
| 52wk Low | 0.3818 | 52wk Low Date | 2024-03-21 |
| Year End Close | 4.13 | Average Volume | 19,660 |
| Shares Outstanding | 47,451 | Short Interest | 15,941 |
| % Institutional | 4.4 | Market Cap | 102M |
| Assets | 631,098,100M | Liabilities | 784,569,600M |
| Beta | 0.65 | Volatility | 86.44 |