Stock Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
CN Energy Group Inc. - Class A Ordinary Shares (NASDAQ:CNEY)
Weak Downtrend (-65) - CNEY is showing signs of a strengthening downtrend. Monitor CNEY as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CNEY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNEY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNEY
The long-term trend has been UP since May 20th, 2022 at 2.10
The intermediate-term trend has been DOWN since Aug 8th, 2022 at 2.15
The short-term trend has been DOWN since Aug 3rd, 2022 at 2.60
Smart Scan Analysis for CNEY
Based on our trend formula, CNEY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.5||52wk High Date||2021-11-04|
|52wk Low||1.17||52wk Low Date||2022-05-09|
|Average Volume||29,172||Shares Outstanding||15,444|