Stock Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
Conduit Pharmaceuticals Inc. (NASDAQ:CDT)
Long-Term Uptrend (+90) - CDT is in a strong uptrend that is likely to continue. While CDT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CDT?
MarketClub looks at technical strength and momentum to determine if the timing is right for CDT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CDT
The long-term trend has been UP since Oct 4th, 2023 at 8.01
The intermediate-term trend has been UP since Nov 24th, 2023 at 1.89
The short-term trend has been UP since Nov 17th, 2023 at 1.22
Smart Scan Analysis for CDT
Based on our trend formula, CDT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||25||52wk High Date||2023-09-19|
|52wk Low||0.95||52wk Low Date||2023-10-27|
|Average Volume||188,851||Shares Outstanding||72,814|