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.
MarketClub’s Trade Triangles for COVTY
The long-term trend has been DOWN since Mar 15th, 2023 at 18.7900
The intermediate-term trend has been DOWN since Feb 13th, 2023 at 22.1900
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).
|Year High||62.08||Year High Date||2018-01-17|
|Year Low||26.63||Year Low Date||2018-11-20|
|52wk High||27.5||52wk High Date||2022-03-29|
|52wk Low||13.695||52wk Low Date||2022-09-29|