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Mutual Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
COMMONWEALTH GLOBAL FUND (NASDAQ:CNGLX)
Sidelines Mode (+55) - CNGLX 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 CNGLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNGLX.
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 CNGLX
The long-term trend has been UP since Dec 13th, 2023 at 18.75
The intermediate-term trend has been UP since Feb 22nd, 2024 at 19.39
The short-term trend has been DOWN since Apr 2nd, 2024 at 20.16
Smart Scan Analysis for CNGLX
Based on our trend formula, CNGLX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.13 | 20.13 | 20.13 | 19.59 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.69 | 0 | 20.13 | 20.13 | 2024-04-08 18:05:00 |
| 52wk High | 20.24 | 52wk High Date | 2024-03-28 |
| 52wk Low | 16.72 | 52wk Low Date | 2023-10-27 |
| Year End Close | 19.47 | Payment Date | 2022-12-16 |