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Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
VanEck ChiNext ETF (PACF:CNXT)
Long-Term Downtrend (-90) - CNXT is in a strong downtrend that is likely to continue. While CNXT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CNXT?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNXT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CNXT
The long-term trend has been DOWN since Apr 25th, 2023 at 30.6000
The intermediate-term trend has been DOWN since Nov 27th, 2023 at 24.9460
The short-term trend has been DOWN since Nov 16th, 2023 at 25.2601
Smart Scan Analysis for CNXT
Based on our trend formula, CNXT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.9000 | 24.8800 | 24.6900 | 24.8300 | +0.0455 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.8300 | 1669 | 2023-12-01 15:59:45 |
| Year High | 37.1 | Year High Date | 2018-03-12 |
| Year Low | 21.07 | Year Low Date | 2018-10-18 |
| 52wk High | 36.25 | 52wk High Date | 2023-01-27 |
| 52wk Low | 23.4488 | 52wk Low Date | 2023-10-25 |
| Average Volume | 3,916 | Shares Outstanding | 900 |
| Volatility | 40.79 |