Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Cadrenal Therapeutics, Inc. (NASDAQ:CVKD)
Bull Market Weakness (+75) - CVKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CVKD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CVKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CVKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CVKD
The long-term trend has been DOWN since Jul 21st, 2023 at 1.2100
The intermediate-term trend has been UP since Nov 20th, 2023 at 0.5598
The short-term trend has been UP since Dec 8th, 2023 at 0.5199
Smart Scan Analysis for CVKD
Based on our trend formula, CVKD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.75||52wk High Date||2023-01-20|
|52wk Low||0.395||52wk Low Date||2023-11-07|
|Average Volume||48,095||Shares Outstanding||13,023|