Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
CHINA EVERGRANDE GROUP SHS (NASDAQ:EGRNQ)
Bull Market Weakness (+75) - EGRNQ is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EGRNQ as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EGRNQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGRNQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EGRNQ
The long-term trend has been UP since Nov 10th, 2023 at 0.0250
The intermediate-term trend has been UP since Apr 26th, 2024 at 0.0239
The short-term trend has been UP since Apr 26th, 2024 at 0.0239
Smart Scan Analysis for EGRNQ
Based on our trend formula, EGRNQ is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01604 | 0.02240 | 0.01510 | 0.01510 | -0.00380 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01775 | 2500 | 2024-05-06 15:08:00 |