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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

CANACOL ENERGY ORD (NASDAQ:CNNEF)

Long-Term Downtrend (-90) - CNNEF is in a strong downtrend that is likely to continue. While CNNEF 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 CNNEF?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNNEF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_CNNEF
Open High Low CNNEF Price Change
3.3000 3.4500 3.3000 3.4325 +0.1325
Entry Signal

MarketClub’s Trade Triangles for CNNEF

long term down The long-term trend has been DOWN since Oct 2nd, 2023 at 7.722

intermediate term down The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 3.650

short term down The short-term trend has been DOWN since Mar 22nd, 2024 at 4.170

Smart Scan Analysis for CNNEF

Based on our trend formula, CNNEF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CNNEF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.3000 3.4500 3.3000 3.4325 +0.1325
Prev. Close Volume Bid Ask Time
3.4300 3994 2024-03-27 13:27:00
Year High3.78Year High Date2018-01-04
Year Low2.6905Year Low Date2018-10-26
52wk High9.352wk High Date2023-08-11
52wk Low3.1452wk Low Date2024-03-25
Average Volume13,657Shares Outstanding9,982
Assets113,270,900MLiabilities804,226,000M
P/E Ratio0.2367Volatility42.46
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