Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
CANNONAU CORP (NASDAQ:CNNC)
Bear Market Rally (-75) - CNNC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CNNC as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CNNC?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNNC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNNC
The long-term trend has been DOWN since Jun 1st, 2021 at 1.1850
The intermediate-term trend has been DOWN since Sep 10th, 2021 at 0.1070
The short-term trend has been UP since Oct 19th, 2021 at 0.0948
Smart Scan Analysis for CNNC
Based on our trend formula, CNNC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14.34||52wk High Date||2021-04-06|
|52wk Low||0.0121||52wk Low Date||2020-11-12|
|Average Volume||121,683||Shares Outstanding||241,377|