Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
CHINA CARBON GRAPHITE GRP (NASDAQ:CHGI)
Long-Term Downtrend (-90) - CHGI is in a strong downtrend that is likely to continue. While CHGI 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 CHGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHGI
The long-term trend has been DOWN since May 17th, 2021 at 0.12255
The intermediate-term trend has been DOWN since Oct 19th, 2021 at 0.10000
The short-term trend has been DOWN since Oct 26th, 2021 at 0.11790
Smart Scan Analysis for CHGI
Based on our trend formula, CHGI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.1137||Year High Date||2018-02-14|
|Year Low||0.02||Year Low Date||2018-11-09|
|52wk High||0.4499||52wk High Date||2021-02-09|
|52wk Low||0.025||52wk Low Date||2020-11-19|
|Year End Close||0.42||Average Volume||31,329|
|Shares Outstanding||29,482||% Institutional||0.2|