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Stock Trend Analysis Report

Prepared for you on Thursday, January 16, 2025.

COVESTRO AG SPNS/ADR (NASDAQ:COVTY)

Countertrend Down (-85) - COVTY is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
29.2372 29.2372 28.9300 28.9400 -0.0100
Entry Signal

MarketClub’s Trade Triangles for COVTY

long term down The long-term trend has been DOWN since Dec 17th, 2024 at 29.64

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2024 at 29.99

short term up The short-term trend has been UP since Jan 6th, 2025 at 29.03

Smart Scan Analysis for COVTY

Based on our trend formula, COVTY is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for COVTY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.2372 29.2372 28.9300 28.9400 -0.0100
Prev. Close Volume Bid Ask Time
28.9850 2861 2025-01-15 12:55:00
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 Volume15,806Assets145,850,000M
Liabilities749,900,000MVolatility67.95
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