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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Chenghe Acquisition II Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (AMEX:CHEB.U)
Countertrend Up (+85) - CHEB.U is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for CHEB.U
The long-term trend has been UP since Aug 16th, 2024 at 10.05
The intermediate-term trend has been UP since Aug 16th, 2024 at 10.04
The short-term trend has been UP since Aug 16th, 2024 at 10.04
Smart Scan Analysis for CHEB.U
Based on our trend formula, CHEB.U is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.03 | 10.03 | 10.03 | 10.03 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.03 | 100 | 2024-10-17 12:11:19 |
| 52wk High | 10.6867 | 52wk High Date | 2024-08-16 |
| 52wk Low | 9.95 | 52wk Low Date | 2024-10-24 |
| Average Volume | 205 |