Stock Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
CANNAGISTICS INC (NASDAQ:CNGT)
Sidelines Mode (+55) - CNGT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Jun 14th, 2022 at 0.0053
The intermediate-term trend has been UP since Jun 7th, 2022 at 0.0027
The short-term trend has been DOWN since Jun 27th, 2022 at 0.0035
Smart Scan Analysis for CNGT
Based on our trend formula, CNGT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.04||52wk High Date||2021-07-07|
|52wk Low||0.001||52wk Low Date||2021-12-01|
|Average Volume||1,260,545||Shares Outstanding||266,425|