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Stock Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

COVESTRO AG SPNS/ADR (NASDAQ:COVTY)

Strong Downtrend (-100) - COVTY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, COVTY continues to fall. 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.

NASDAQ_COVTY
Open High Low COVTY Price Change
19.8904 20.0200 19.8904 19.9260 +0.0460
Entry Signal

MarketClub’s Trade Triangles for COVTY

long term down The long-term trend has been DOWN since Mar 15th, 2023 at 18.7900

intermediate term down The intermediate-term trend has been DOWN since Feb 13th, 2023 at 22.1900

short term down The short-term trend has been DOWN since Mar 24th, 2023 at 20.0475

Smart Scan Analysis for COVTY

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

-100
Smart Scan Analysis for COVTY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.8904 20.0200 19.8904 19.9260 +0.0460
Prev. Close Volume Bid Ask Time
19.9300 13224 2023-03-28 15:19:00
Year High62.08Year High Date2018-01-17
Year Low26.63Year Low Date2018-11-20
52wk High27.552wk High Date2022-03-29
52wk Low13.69552wk Low Date2022-09-29
Average Volume124,159Volatility67.95
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