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Stock Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
CONVERGE TECHNOLOGY SOLUTIONS CORP (TSE:CTS)
Long-Term Downtrend (-90) - CTS is in a strong downtrend that is likely to continue. While CTS 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 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.
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MarketClub’s Trade Triangles for CTS
The long-term trend has been DOWN since Mar 10th, 2023 at 4.28
The intermediate-term trend has been DOWN since Sep 25th, 2023 at 2.76
The short-term trend has been DOWN since Oct 3rd, 2023 at 2.75
Smart Scan Analysis for CTS
Based on our trend formula, CTS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.77 | 2.83 | 2.75 | 2.82 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.79 | 264420 | 2023-10-04 15:59:12 |