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Stock Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

ZW Data Action Technologies Inc. (NASDAQ:CNET)

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

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

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

NASDAQ_CNET
Open High Low CNET Price Change
0.750000 0.829999 0.750000 0.829990 +0.060390
Entry Signal

MarketClub’s Trade Triangles for CNET

long term down The long-term trend has been DOWN since May 3rd, 2024 at 0.8000

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2024 at 0.9103

short term down The short-term trend has been DOWN since May 16th, 2024 at 0.8000

Smart Scan Analysis for CNET

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

-90
Smart Scan Analysis for CNET
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.750000 0.829999 0.750000 0.829990 +0.060390
Prev. Close Volume Bid Ask Time
0.829990 4262 2024-05-24 15:59:44
Year High11.9Year High Date2018-01-04
Year Low1.08Year Low Date2018-01-02
52wk High1.4552wk High Date2023-07-14
52wk Low0.6552wk Low Date2024-05-16
Year End Close0.83Average Volume24,524
Shares Outstanding7,205Short Interest4,322
% Institutional22.4Market Cap21M
Assets14,779,000MLiabilities6,538,000M
P/E Ratio-2.16670000Beta0.79
Volatility129.14
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