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Stock Trend Analysis Report
Prepared for you on Friday, May 3, 2024.
CANACOL ENERGY ORD (NASDAQ:CNNEF)
Bull Market Weakness (+75) - CNNEF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNNEF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CNNEF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNNEF.
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 CNNEF
The long-term trend has been DOWN since Oct 2nd, 2023 at 7.722
The intermediate-term trend has been UP since Apr 24th, 2024 at 3.500
The short-term trend has been UP since May 3rd, 2024 at 3.630
Smart Scan Analysis for CNNEF
Based on our trend formula, CNNEF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.6500 | 3.6500 | 3.6073 | 3.6200 | +0.0600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.5600 | 10503 | 2024-05-03 15:31:00 |
| Year High | 3.78 | Year High Date | 2018-01-04 |
| Year Low | 2.6905 | Year Low Date | 2018-10-26 |
| 52wk High | 9.3 | 52wk High Date | 2023-08-11 |
| 52wk Low | 3.1 | 52wk Low Date | 2024-04-16 |
| Average Volume | 16,559 | Shares Outstanding | 9,982 |
| Assets | 113,270,900M | Liabilities | 804,226,000M |
| P/E Ratio | 0.2367 | Volatility | 42.46 |