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Stock Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

CHINA NEW ENERGY GRP CO (NASDAQ:CNER)

Long-Term Downtrend (-90) - CNER is in a strong downtrend that is likely to continue. While CNER 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 CNER?

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

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_CNER
Open High Low CNER Price Change
0.01400 0.01400 0.01400 0.01400 +0.00016
Entry Signal

MarketClub’s Trade Triangles for CNER

long term down The long-term trend has been DOWN since Feb 23rd, 2024 at 0.01900

intermediate term down The intermediate-term trend has been DOWN since Jun 3rd, 2024 at 0.01800

short term down The short-term trend has been DOWN since Jun 3rd, 2024 at 0.01199

Smart Scan Analysis for CNER

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

-90
Smart Scan Analysis for CNER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01400 0.01400 0.01400 0.01400 +0.00016
Prev. Close Volume Bid Ask Time
0.01400 700 2024-06-13 11:24:16
Year High0.01Year High Date2018-03-14
Year Low0.0021Year Low Date2018-02-12
52wk High0.06252wk High Date2023-12-01
52wk Low0.00652wk Low Date2024-03-08
Average Volume152,280Shares Outstanding107,070
Volatility1238.42
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