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Stock Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Concord Medical Services Holdings Ltd ADS (NYSE:CCM)

Sidelines Mode (+55) - CCM 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 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
3.8000 3.8700 3.7301 3.7300 +0.0600
Entry Signal

MarketClub’s Trade Triangles for CCM

long term up The long-term trend has been UP since Nov 9th, 2020 at 2.18

intermediate term up The intermediate-term trend has been UP since Dec 15th, 2020 at 2.40

short term down The short-term trend has been DOWN since Feb 19th, 2021 at 4.37

Smart Scan Analysis for CCM

Based on our trend formula, CCM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CCM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.8000 3.8700 3.7301 3.7300 +0.0600
Prev. Close Volume Bid Ask Time
3.7200 24538 2021-03-02 15:54:20
Year High4.2Year High Date2018-05-02
Year Low2.4643Year Low Date2018-02-15
52wk High5.8952wk High Date2020-12-15
52wk Low1.1352wk Low Date2020-06-03
Year End Close4.13Average Volume64,318
Shares Outstanding47,451Short Interest15,941
% Institutional4.4Market Cap102M
Assets429,744,500MLiabilities251,060,300M
Beta0.65Volatility86.44
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