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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Cardio Diagnostics Holdings Inc. - Common stock (NASDAQ:CDIO)
Bear Market Rally (-75) - CDIO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CDIO as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CDIO?
MarketClub looks at technical strength and momentum to determine if the timing is right for CDIO.
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 CDIO
The long-term trend has been DOWN since Apr 2nd, 2024 at 1.2000
The intermediate-term trend has been DOWN since Jan 19th, 2024 at 2.0900
The short-term trend has been UP since May 3rd, 2024 at 0.7095
Smart Scan Analysis for CDIO
Based on our trend formula, CDIO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.735000 | 0.750491 | 0.701000 | 0.731501 | +0.011001 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.720500 | 35288 | 2024-05-08 09:53:20 |
| 52wk High | 3.56 | 52wk High Date | 2024-01-02 |
| 52wk Low | 0.171 | 52wk Low Date | 2023-10-26 |
| Average Volume | 300,074 | Shares Outstanding | 8,125 |
| Assets | 4,462,365M | Liabilities | 1,504,241M |