Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
CONVERGE TECHNOLOGY SOLUTIONS CORP (TSE:CTS)
Sidelines Mode (-55) - CTS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CTS?
MarketClub looks at technical strength and momentum to determine if the timing is right for CTS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CTS
The long-term trend has been DOWN since Oct 4th, 2021 at 9.69
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 11.24
The short-term trend has been UP since Oct 14th, 2021 at 9.62
Smart Scan Analysis for CTS
Based on our trend formula, CTS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).