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Stock Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
COVESTRO AG SPNS/ADR (NASDAQ:COVTY)
Long-Term Downtrend (-90) - COVTY is in a strong downtrend that is likely to continue. While COVTY 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 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.
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MarketClub’s Trade Triangles for COVTY
The long-term trend has been DOWN since Jun 18th, 2021 at 31.30
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 21.38
The short-term trend has been DOWN since Jun 7th, 2022 at 23.37
Smart Scan Analysis for COVTY
Based on our trend formula, COVTY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.060 | 17.210 | 16.826 | 17.130 | -0.350 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.480 | 58383 | 2022-07-01 15:58:00 |
| Year High | 62.08 | Year High Date | 2018-01-17 |
| Year Low | 26.63 | Year Low Date | 2018-11-20 |
| 52wk High | 34.97 | 52wk High Date | 2021-09-14 |
| 52wk Low | 16.72 | 52wk Low Date | 2022-06-30 |
| Average Volume | 63,317 | Volatility | 67.95 |