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Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Concord Acquisition Corp II (NYSE:CNDA)

Long-Term Uptrend (+90) - CNDA is in a strong uptrend that is likely to continue. While CNDA is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid CNDA?

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

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

NYSE_CNDA
Open High Low CNDA Price Change
10.562 10.562 10.560 10.560 0.000
Entry Signal

MarketClub’s Trade Triangles for CNDA

long term up The long-term trend has been UP since Dec 6th, 2023 at 10.3750

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2023 at 10.2800

short term up The short-term trend has been UP since Apr 1st, 2024 at 10.5199

Smart Scan Analysis for CNDA

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

+90
Smart Scan Analysis for CNDA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.562 10.562 10.560 10.560 0.000
Prev. Close Volume Bid Ask Time
10.560 3841 2024-04-25 11:15:01
52wk High10.952wk High Date2023-08-25
52wk Low10.1352wk Low Date2023-08-28
Average Volume25,266Shares Outstanding21,701
Assets154,305,964MLiabilities8,579,714M
P/E Ratio45.913
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