Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
COMPANHIA BRASILEIRA DE DISTRIBUICAO (NASDAQ:CBDBY)
Countertrend Up (+85) - CBDBY 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 CBDBY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CBDBY.
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 CBDBY
The long-term trend has been UP since Apr 23rd, 2024 at 0.51
The intermediate-term trend has been UP since Apr 23rd, 2024 at 0.51
The short-term trend has been UP since Apr 29th, 2024 at 0.55
Smart Scan Analysis for CBDBY
Based on our trend formula, CBDBY is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.610 | 0.635 | 0.610 | 0.620 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.620 | 3852 | 2024-05-08 12:24:00 |
| 52wk High | 0.65 | 52wk High Date | 2024-04-29 |
| 52wk Low | 0.361 | 52wk Low Date | 2024-04-22 |
| Average Volume | 126,327 | P/E Ratio | -0.22120000 |