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Stock Trend Analysis Report

Prepared for you on Sunday, May 19, 2024.

Concord Medical Services Holdings Limited ADS (Each represents three ordinary shares) (NYSE:CCM)

Crossroads (-60) - CCM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

NYSE_CCM
Open High Low CCM Price Change
0.6009 0.6315 0.5390 0.4675 -0.0534
Entry Signal

MarketClub’s Trade Triangles for CCM

long term down The long-term trend has been DOWN since Aug 14th, 2023 at 1.2000

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2024 at 0.7490

short term up The short-term trend has been UP since May 17th, 2024 at 0.6243

Smart Scan Analysis for CCM

Based on our trend formula, CCM is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CCM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6009 0.6315 0.5390 0.4675 -0.0534
Prev. Close Volume Bid Ask Time
0.5032 17633 2024-05-17 15:46:36
Year High4.2Year High Date2018-05-02
Year Low2.4643Year Low Date2018-02-15
52wk High1.652wk High Date2023-08-04
52wk Low0.381852wk Low Date2024-03-21
Year End Close4.13Average Volume16,062
Shares Outstanding47,451Short Interest15,941
% Institutional4.4Market Cap102M
Assets631,098,100MLiabilities784,569,600M
Beta0.65Volatility86.44
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