Stock Trend Analysis Report
Prepared for you on Friday, July 10, 2020.
China Merchants Bank (NASDAQ:CIHKY)
Bull Market Weakness (+75) - CIHKY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CIHKY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CIHKY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CIHKY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CIHKY
The long-term trend has been UP since Jun 3rd, 2020 at 24.62
The intermediate-term trend has been UP since Jul 6th, 2020 at 23.96
The short-term trend has been DOWN since Jul 9th, 2020 at 25.79
Smart Scan Analysis for CIHKY
Based on our trend formula, CIHKY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||25.11||Year High Date||2018-01-24|
|Year Low||17.05||Year Low Date||2018-07-05|
|52wk High||27.49||52wk High Date||2019-06-20|
|52wk Low||19.38||52wk Low Date||2020-03-23|
|Year End Close||11.25||Average Volume||32,886|