Stock Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
CINEWORLD GROUP PLC ORD (NASDAQ:CNNWF)
Long-Term Downtrend (-90) - CNNWF is in a strong downtrend that is likely to continue. While CNNWF 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 CNNWF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNNWF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNNWF
The long-term trend has been DOWN since Jun 28th, 2021 at 1.150
The intermediate-term trend has been DOWN since Nov 19th, 2021 at 0.820
The short-term trend has been DOWN since Nov 16th, 2021 at 0.846
Smart Scan Analysis for CNNWF
Based on our trend formula, CNNWF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3.41||Year High Date||2018-08-06|
|Year Low||3.41||Year Low Date||2018-08-06|
|52wk High||1.77||52wk High Date||2021-03-18|
|52wk Low||0.609||52wk Low Date||2021-11-30|