Stock Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
1606 CORP (NASDAQ:CBDW)
Crossroads (-60) - CBDW is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CBDW?
MarketClub looks at technical strength and momentum to determine if the timing is right for CBDW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CBDW
The long-term trend has been DOWN since Mar 15th, 2023 at 0.1500
The intermediate-term trend has been UP since May 11th, 2023 at 0.0325
The short-term trend has been UP since Jun 1st, 2023 at 0.0455
Smart Scan Analysis for CBDW
Based on our trend formula, CBDW is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14||52wk High Date||2023-01-20|
|52wk Low||0.0087||52wk Low Date||2023-04-26|