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Stock Trend Analysis Report

Prepared for you on Saturday, September 30, 2023.

Companhia Brasileira de Distribuicao American Depsitary Shares; each representing one Common Share (NYSE:CBD)

Long-Term Downtrend (-90) - CBD is in a strong downtrend that is likely to continue. While CBD 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 CBD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CBD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_CBD
Open High Low CBD Price Change
0.660900 0.666800 0.640245 0.666500 +0.020300
Entry Signal

MarketClub’s Trade Triangles for CBD

long term down The long-term trend has been DOWN since Aug 29th, 2023 at 2.80000

intermediate term down The intermediate-term trend has been DOWN since Aug 28th, 2023 at 3.81500

short term down The short-term trend has been DOWN since Sep 15th, 2023 at 0.89485

Smart Scan Analysis for CBD

Based on our trend formula, CBD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.660900 0.666800 0.640245 0.666500 +0.020300
Prev. Close Volume Bid Ask Time
0.666500 362163 2023-09-29 15:59:45
Year High25.12Year High Date2018-01-26
Year Low17.91Year Low Date2018-09-14
52wk High1.4577552wk High Date2023-07-12
52wk Low0.603752wk Low Date2023-09-27
Year End Close44.39Average Volume1,238,886
Shares Outstanding126,942Short Interest2,555,323
% Institutional18.8Market Cap5,767M
Assets433,910,000MLiabilities457,620,000M
P/E Ratio9.2727Beta1.06
Volatility36.27
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