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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.
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 CHEAU
The long-term trend has been DOWN since May 2nd, 2022 at 10.08
The intermediate-term trend has been DOWN since May 2nd, 2022 at 10.08
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).
| 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 High | 10.12 | 52wk High Date | 2022-05-02 |
| 52wk Low | 10 | 52wk Low Date | 2022-05-19 |
| Average Volume | 726,128 | Assets | 448,436M |
| Liabilities | 435,911M |