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Stock Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

Chenghe Acquisition II Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (AMEX:CHEB.U)

Bear Market Rally (-75) - CHEB.U is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CHEB.U as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CHEB.U?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHEB.U.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

AMEX_CHEB.U
Open High Low CHEB.U Price Change
10.02 10.03 10.02 10.03 -0.01
Entry Signal

MarketClub’s Trade Triangles for CHEB.U

long term down The long-term trend has been DOWN since Jul 1st, 2024 at 10.0000

intermediate term down The intermediate-term trend has been DOWN since Jul 1st, 2024 at 10.0000

short term up The short-term trend has been UP since Jul 18th, 2024 at 10.0016

Smart Scan Analysis for CHEB.U

Based on our trend formula, CHEB.U is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CHEB.U
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.02 10.03 10.02 10.03 -0.01
Prev. Close Volume Bid Ask Time
10.03 79183 2024-07-18 13:59:42
52wk High10.0552wk High Date2024-07-01
52wk Low9.9552wk Low Date2024-07-12
Average Volume20,921
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