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Stock Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

Concord Acquisition Corp II Class A (AMEX:CNDA)

Long-Term Downtrend (-90) - CNDA is in a strong downtrend that is likely to continue. While CNDA is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CNDA?

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

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

AMEX_CNDA
Open High Low CNDA Price Change
10.5000 10.5100 10.4900 10.5100 -0.0013
Entry Signal

MarketClub’s Trade Triangles for CNDA

long term down The long-term trend has been DOWN since Jun 10th, 2024 at 10.5600

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 10.5600

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 10.5598

Smart Scan Analysis for CNDA

Based on our trend formula, CNDA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CNDA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.5000 10.5100 10.4900 10.5100 -0.0013
Prev. Close Volume Bid Ask Time
10.5113 11480 2024-07-23 12:46:48
52wk High10.952wk High Date2023-08-25
52wk Low10.1352wk Low Date2023-08-28
Average Volume6,453Shares Outstanding21,701
P/E Ratio59.3859
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