Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
CANNAGISTICS INC (NASDAQ:CNGT)
Long-Term Downtrend (-90) - CNGT is in a strong downtrend that is likely to continue. While CNGT 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 CNGT?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNGT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNGT
The long-term trend has been DOWN since Jun 9th, 2021 at 0.0274
The intermediate-term trend has been DOWN since Oct 13th, 2021 at 0.0100
The short-term trend has been DOWN since Oct 20th, 2021 at 0.0096
Smart Scan Analysis for CNGT
Based on our trend formula, CNGT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.107||52wk High Date||2021-02-11|
|52wk Low||0.0045||52wk Low Date||2020-10-29|
|Average Volume||898,798||Shares Outstanding||183,167|