Stock Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
Capital Product Partners L.P. - common units representing limited partner interests (NASDAQ:CPLP)
Long-Term Downtrend (-90) - CPLP is in a strong downtrend that is likely to continue. While CPLP 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 CPLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CPLP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CPLP
The long-term trend has been DOWN since May 12th, 2022 at 14.284
The intermediate-term trend has been DOWN since Aug 8th, 2022 at 13.520
The short-term trend has been DOWN since Aug 2nd, 2022 at 14.540
Smart Scan Analysis for CPLP
Based on our trend formula, CPLP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3.6||Year High Date||2018-01-16|
|Year Low||2.245||Year Low Date||2018-11-29|
|52wk High||19.65||52wk High Date||2022-03-28|
|52wk Low||11.08||52wk Low Date||2021-08-19|
|Year End Close||6.58||Average Volume||116,553|
|Shares Outstanding||18,623||Short Interest||312,804|
|% Institutional||52.7||Market Cap||194M|