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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL)
Countertrend Up (+85) - CONL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CONL?
MarketClub looks at technical strength and momentum to determine if the timing is right for CONL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CONL
The long-term trend has been UP since Nov 20th, 2023 at 15.2800
The intermediate-term trend has been UP since Jul 15th, 2024 at 50.9799
The short-term trend has been DOWN since Jul 25th, 2024 at 52.5000
Smart Scan Analysis for CONL
Based on our trend formula, CONL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 51.810 | 54.040 | 49.500 | 51.611 | +4.611 |
| Prev. Close | Volume | Bid | Ask | Time |
| 47.000 | 2898300 | 2024-07-26 15:59:49 |
| 52wk High | 87.3684 | 52wk High Date | 2024-03-25 |
| 52wk Low | 9.14 | 52wk Low Date | 2023-10-27 |
| Average Volume | 3,009,719 |