Stock Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
Connect Biopharma Holdings Limited - American Depositary Shares (NASDAQ:CNTB)
Long-Term Downtrend (-90) - CNTB is in a strong downtrend that is likely to continue. While CNTB 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 CNTB?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNTB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNTB
The long-term trend has been DOWN since Oct 11th, 2021 at 18.1200
The intermediate-term trend has been DOWN since Oct 8th, 2021 at 18.9100
The short-term trend has been DOWN since Oct 22nd, 2021 at 15.6015
Smart Scan Analysis for CNTB
Based on our trend formula, CNTB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||29.2735||52wk High Date||2021-08-10|
|52wk Low||4.1||52wk Low Date||2021-11-29|