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Stock Trend Analysis Report
Prepared for you on Tuesday, May 21, 2024.
1606 CORP (NASDAQ:CBDW)
Countertrend Up (+85) - CBDW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CBDW?
MarketClub looks at technical strength and momentum to determine if the timing is right for CBDW.
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 CBDW
The long-term trend has been UP since Sep 6th, 2023 at 0.0500
The intermediate-term trend has been UP since May 2nd, 2024 at 0.0380
The short-term trend has been DOWN since May 13th, 2024 at 0.0376
Smart Scan Analysis for CBDW
Based on our trend formula, CBDW is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.032000 | 0.033625 | 0.032000 | 0.033625 | -0.000875 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.034500 | 4016 | 2024-05-21 09:50:27 |
| 52wk High | 0.23 | 52wk High Date | 2024-01-30 |
| 52wk Low | 0.021 | 52wk Low Date | 2023-07-28 |
| Average Volume | 159,051 |