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Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

COVESTRO AG SPNS/ADR (NASDAQ:COVTY)

Sidelines Mode (+55) - COVTY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid COVTY?

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

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

NASDAQ_COVTY
Open High Low COVTY Price Change
31.470 31.510 31.330 31.340 -0.145
Entry Signal

MarketClub’s Trade Triangles for COVTY

long term up The long-term trend has been UP since Jun 24th, 2024 at 28.519

intermediate term up The intermediate-term trend has been UP since Sep 30th, 2024 at 31.300

short term down The short-term trend has been DOWN since Oct 4th, 2024 at 32.010

Smart Scan Analysis for COVTY

Based on our trend formula, COVTY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for COVTY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.470 31.510 31.330 31.340 -0.145
Prev. Close Volume Bid Ask Time
31.340 3369 2024-10-25 13:46:00
Year High62.08Year High Date2018-01-17
Year Low26.63Year Low Date2018-11-20
52wk High32.652wk High Date2024-09-30
52wk Low24.1252wk Low Date2024-05-01
Average Volume20,665Assets145,850,000M
Liabilities749,900,000MVolatility67.95
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