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Stock Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
CHEUNG ASSET HLDG UNS/ADR (NASDAQ:CNGKY)
Long-Term Downtrend (-90) - CNGKY is in a strong downtrend that is likely to continue. While CNGKY 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 CNGKY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNGKY.
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 CNGKY
The long-term trend has been DOWN since Sep 7th, 2023 at 10.650
The intermediate-term trend has been DOWN since Aug 20th, 2024 at 7.420
The short-term trend has been DOWN since Sep 4th, 2024 at 7.615
Smart Scan Analysis for CNGKY
Based on our trend formula, CNGKY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.7450 | 7.7450 | 7.1680 | 7.4056 | -0.1944 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.9500 | 1990 | 2024-09-06 10:17:00 |
| 52wk High | 10.865 | 52wk High Date | 2023-10-11 |
| 52wk Low | 7.06 | 52wk Low Date | 2024-09-04 |
| Average Volume | 2,852 |