Stock Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
Culp, Inc. (NYSE:CULP)
Countertrend Down (-85) - CULP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CULP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CULP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CULP
The long-term trend has been DOWN since Apr 12th, 2021 at 14.64
The intermediate-term trend has been DOWN since Jan 20th, 2022 at 8.80
The short-term trend has been UP since Jan 19th, 2022 at 9.25
Smart Scan Analysis for CULP
Based on our trend formula, CULP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||33.6||Year High Date||2018-01-02|
|Year Low||20.55||Year Low Date||2018-11-29|
|52wk High||17.88||52wk High Date||2021-03-01|
|52wk Low||8.62||52wk Low Date||2021-12-20|
|Average Volume||55,125||Shares Outstanding||12,210|