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.
MarketClub’s Trade Triangles for CNDA
The long-term trend has been DOWN since Aug 28th, 2023 at 10.15
The intermediate-term trend has been UP since Sep 27th, 2023 at 10.28
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).
|52wk High||10.9||52wk High Date||2023-08-25|
|52wk Low||9.69||52wk Low Date||2022-10-03|
|Average Volume||617,030||Shares Outstanding||35,012|