Stock Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
Cable One, Inc. (NYSE:CABO)
Long-Term Downtrend (-90) - CABO is in a strong downtrend that is likely to continue. While CABO 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 CABO?
MarketClub looks at technical strength and momentum to determine if the timing is right for CABO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CABO
The long-term trend has been DOWN since Sep 2nd, 2022 at 1129.70
The intermediate-term trend has been DOWN since May 5th, 2023 at 658.62
The short-term trend has been DOWN since May 23rd, 2023 at 658.00
Smart Scan Analysis for CABO
Based on our trend formula, CABO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||924.31||Year High Date||2018-11-07|
|Year Low||597.4||Year Low Date||2018-05-03|
|52wk High||1464.2||52wk High Date||2022-08-04|
|52wk Low||602.7||52wk Low Date||2023-06-01|
|Average Volume||55,052||Shares Outstanding||5,681|