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Stock Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

Concord Acquisition Corp II (NYSE:CNDA)

Crossroads (+60) - CNDA 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 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.

Open High Low CNDA Price Change
10.290 10.290 10.270 10.275 -0.005
Entry Signal

MarketClub’s Trade Triangles for CNDA

long term down The long-term trend has been DOWN since Aug 28th, 2023 at 10.15

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2023 at 10.28

short term up The short-term trend has been UP since Sep 7th, 2023 at 10.24

Smart Scan Analysis for CNDA

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

Smart Scan Analysis for CNDA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.290 10.290 10.270 10.275 -0.005
Prev. Close Volume Bid Ask Time
10.270 996 2023-10-02 15:59:59
52wk High10.952wk High Date2023-08-25
52wk Low9.6952wk Low Date2022-10-03
Average Volume617,030Shares Outstanding35,012
P/E Ratio25.0732
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