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Stock Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
Quoin Pharmaceuticals, Ltd. - American Depositary Shares (NASDAQ:QNRX)
Sidelines Mode (-55) - QNRX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QNRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNRX.
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 QNRX
The long-term trend has been DOWN since Feb 22nd, 2023 at 1.1100
The intermediate-term trend has been DOWN since May 24th, 2023 at 0.4560
The short-term trend has been UP since Jun 2nd, 2023 at 0.4448
Smart Scan Analysis for QNRX
Based on our trend formula, QNRX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.4741 | 0.4899 | 0.4741 | 0.4899 | +0.0055 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.4844 | 3038 | 2023-06-09 09:36:11 |
| 52wk High | 28.11 | 52wk High Date | 2022-08-03 |
| 52wk Low | 0.42 | 52wk Low Date | 2023-06-01 |
| Average Volume | 107,247 | Assets | 14,458,063M |
| Liabilities | 7,051,289M |