Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
CHINA TECHFAITH SP/ADR (NASDAQ:CNTFY)
Bear Market Rally (-75) - CNTFY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CNTFY as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CNTFY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNTFY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNTFY
The long-term trend has been DOWN since Mar 12th, 2021 at 0.140
The intermediate-term trend has been UP since Sep 27th, 2021 at 0.040
The short-term trend has been DOWN since Oct 18th, 2021 at 0.016
Smart Scan Analysis for CNTFY
Based on our trend formula, CNTFY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.3545||52wk High Date||2021-02-18|
|52wk Low||0.0007||52wk Low Date||2021-09-16|
|Average Volume||91,674||Shares Outstanding||8,776|