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Stock Trend Analysis Report

Prepared for you on Wednesday, May 25, 2022.

Chenghe Acquisition Co. - Unit (NASDAQ:CHEAU)

Long-Term Downtrend (-90) - CHEAU is in a strong downtrend that is likely to continue. While CHEAU is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CHEAU?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHEAU.

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NASDAQ_CHEAU
Open High Low CHEAU Price Change
10.050 10.050 10.035 10.050 0.000
Entry Signal

MarketClub’s Trade Triangles for CHEAU

long term down The long-term trend has been DOWN since May 2nd, 2022 at 10.08

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2022 at 10.08

short term down The short-term trend has been DOWN since May 11th, 2022 at 10.05

Smart Scan Analysis for CHEAU

Based on our trend formula, CHEAU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CHEAU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.050 10.050 10.035 10.050 0.000
Prev. Close Volume Bid Ask Time
10.060 40550 2022-05-24 13:40:00
52wk High10.1252wk High Date2022-05-02
52wk Low1052wk Low Date2022-05-19
Average Volume726,128Assets448,436M
Liabilities435,911M
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