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Stock Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
CHINA NEW ENERGY GRP CO (NASDAQ:CNER)
Bear Market Rally (-75) - CNER is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CNER as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for CNER
The long-term trend has been DOWN since Feb 23rd, 2024 at 0.0190
The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 0.0051
The short-term trend has been UP since Nov 19th, 2024 at 0.0038
Smart Scan Analysis for CNER
Based on our trend formula, CNER is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0036 | 0.0046 | 0.0036 | 0.0046 | +0.0010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0036 | 12264 | 2024-12-04 10:46:33 |
| Year High | 0.01 | Year High Date | 2018-03-14 |
| Year Low | 0.0021 | Year Low Date | 2018-02-12 |
| 52wk High | 0.055 | 52wk High Date | 2023-12-07 |
| 52wk Low | 0.0016 | 52wk Low Date | 2024-09-26 |
| Average Volume | 39,100 | Shares Outstanding | 107,070 |
| Volatility | 1238.42 |