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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Concord Medical Services Holdings Limited American Depositary Shares (Each represents thirty (30) Class A ordinary shares) (NYSE:CCM)
Weak Downtrend (-65) - CCM is showing signs of a strengthening downtrend. Monitor CCM as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CCM?
MarketClub looks at technical strength and momentum to determine if the timing is right for CCM.
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 CCM
The long-term trend has been DOWN since Nov 12th, 2024 at 4.825
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 7.000
The short-term trend has been UP since Dec 24th, 2024 at 4.940
Smart Scan Analysis for CCM
Based on our trend formula, CCM is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.46 | 4.97 | 4.46 | 4.97 | +0.47 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.52 | 3190 | 2024-12-24 12:32:30 |
| Year High | 4.2 | Year High Date | 2018-05-02 |
| Year Low | 2.4643 | Year Low Date | 2018-02-15 |
| 52wk High | 10.4999 | 52wk High Date | 2024-07-31 |
| 52wk Low | 0.3818 | 52wk Low Date | 2024-03-21 |
| Year End Close | 4.13 | Average Volume | 4,501 |
| Shares Outstanding | 47,451 | Short Interest | 15,941 |
| % Institutional | 4.4 | Market Cap | 102M |
| Assets | 662,269,300M | Liabilities | 876,144,100M |
| Beta | 0.65 | Volatility | 86.44 |