Stock Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Cardiol Therapeutics Inc. - Class A Common Shares (NASDAQ:CRDL)
Countertrend Down (-85) - CRDL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CRDL?
MarketClub looks at technical strength and momentum to determine if the timing is right for CRDL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CRDL
The long-term trend has been DOWN since Nov 10th, 2021 at 2.37
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 3.16
The short-term trend has been UP since Nov 24th, 2021 at 2.23
Smart Scan Analysis for CRDL
Based on our trend formula, CRDL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.96||52wk High Date||2021-10-20|
|52wk Low||1.82||52wk Low Date||2020-12-09|
|Average Volume||1,124,923||Shares Outstanding||42,947|