Stock Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
CANNONAU CORP (NASDAQ:CNNC)
Strong Downtrend (-100) - CNNC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CNNC continues to fall. Traders should use caution and set stops.
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 Jul 7th, 2022 at 0.0331
The intermediate-term trend has been DOWN since Aug 31st, 2023 at 0.0150
The short-term trend has been DOWN since Aug 31st, 2023 at 0.0150
Smart Scan Analysis for CNNC
Based on our trend formula, CNNC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.03||52wk High Date||2023-03-22|
|52wk Low||0.0111||52wk Low Date||2023-09-19|
|Average Volume||11,067||Shares Outstanding||241,816|