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Stock Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
ZW Data Action Technologies Inc. (NASDAQ:CNET)
Long-Term Uptrend (+90) - CNET is in a strong uptrend that is likely to continue. While CNET is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for CNET
The long-term trend has been UP since Jun 23rd, 2020 at 1.33
The intermediate-term trend has been UP since Sep 30th, 2020 at 1.58
The short-term trend has been UP since Nov 23rd, 2020 at 1.50
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5600 | 1.5952 | 1.5200 | 1.5402 | -0.0398 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4100 | 197203 | 2020-12-04 13:18:49 |
| Year High | 11.9 | Year High Date | 2018-01-04 |
| Year Low | 1.08 | Year Low Date | 2018-01-02 |
| 52wk High | 2.11 | 52wk High Date | 2020-09-30 |
| 52wk Low | 0.5401 | 52wk Low Date | 2020-03-18 |
| Year End Close | 0.83 | Average Volume | 584,446 |
| Shares Outstanding | 21,742 | Short Interest | 4,322 |
| % Institutional | 22.4 | Market Cap | 21M |
| Assets | 17,074,000M | Liabilities | 6,431,000M |
| Beta | 0.79 | Volatility | 129.14 |