Stock Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
Confederation Minerals Ltd (CDNX:CFM)
Sidelines Mode (+55) - CFM 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 CFM?
MarketClub looks at technical strength and momentum to determine if the timing is right for CFM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CFM
The long-term trend has been UP since May 28th, 2020 at 0.67
The intermediate-term trend has been UP since Apr 23rd, 2020 at 0.29
The short-term trend has been DOWN since Jun 4th, 2020 at 0.70
Smart Scan Analysis for CFM
Based on our trend formula, CFM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.57||Year High Date||2018-01-03|
|Year Low||0.2||Year Low Date||2018-09-14|
|52wk High||0.77||52wk High Date||2017-12-04|
|52wk Low||0.2||52wk Low Date||2018-09-14|
|Year End Close||0.25||Average Volume||7,081|